I-20 Frontage Commercial
New
For Sale
$850,000
2406 Connell St, Midland, TX 79705
Residential-zoned land positioned along Rankin Highway near Interstate 20 in Midland.
Property Size1,514 SF
Price / SF$561.43
Days on Market4
Property Features for 2406 Connell St
General Information
Standard status
Active
Size
1,514 SF
Building Details
Year Built
1950
Listing Agency:
ENERGY REAL ESTATE SOLUTIONS
(432) 425-9692
Listed By:
Alonso Hernandez · License #TX:775636
Source:
Hauspg
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 8:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ENERGY REAL ESTATE SOLUTIONS
Investment Insights
Based on property information with market context.
Approximately 1.86 acres of commercial land positioned directly off Rankin Highway and Interstate 20 in Midland, Texas. The property is currently zoned for residential use and is described as one of seven parcels totaling approximately 1.86 acres.
The site benefits from a location along the I-20 corridor, with access and exposure from Rankin Highway and Interstate 20. The surrounding corridor is described as carrying commercial and oilfield traffic. Potential concepts identified in the property information include hotel, multifamily, retail, restaurant, hospitality, and laundromat uses, subject to applicable zoning and approvals.
The site benefits from a location along the I-20 corridor, with access and exposure from Rankin Highway and Interstate 20. The surrounding corridor is described as carrying commercial and oilfield traffic. Potential concepts identified in the property information include hotel, multifamily, retail, restaurant, hospitality, and laundromat uses, subject to applicable zoning and approvals.
Key Highlights
- Approximately 1.86 acres of land
- Directly off Rankin Highway and Interstate 20
- Currently zoned for residential use
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Home Improvements & Furnishings 9%
Texaco
Shops & Services
6,258 visits/mo
0.5 miles
Cash America Pawn
Shops & Services
2,157 visits/mo
0.3 miles
Ace Cash Express
Shops & Services
1,112 visits/mo
0.1 miles
Airgas
Home Improvements & Furnishings
1,008 visits/mo
0.1 miles
Watermill Express
Shops & Services
830 visits/mo
0.1 miles
Demographics for 79705, TX
44,138
Population
20,021
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
91%
High-School Grad
79.4 sq mi
ZIP Area
556
Density / Sq Mi
$105,106
Median Household Income
$60,415
Median Earnings
$1,431
Median Rent
$329,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Residential-zoned land positioned along Rankin Highway near Interstate 20 in Midland.
Where is this commercial land located?
The property is located at 2406 Connell St Midland, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 1.86 acres of land; Directly off Rankin Highway and Interstate 20; Currently zoned for residential use
