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    417 Golf Course Rd Midland, TX 79701

    For Sale
    $499,000

    Prime commercial lot, high visibility, ideal for QSR.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional .6 to 1-acre commercial land parcel presents a remarkable investment opportunity in Midland, Texas. Located at 417 E Golf Course Rd, 79701, this property boasts a highly desirable signalized corner location at the intersection of E Golf Course Rd and N Lamesa Rd, ensuring maximum visibility and accessibility. Traffic counts consistently exceed 15,000 vehicles per day, providing significant exposure for any commercial development. The lot offers substantial frontage, approximately 140 feet on N Lamesa Rd and approximately 200 feet on E Golf Course Rd, allowing for ample space and design flexibility. Zoning permits a variety of commercial uses, making it suitable for quick-service restaurants (QSRs), gas stations, convenience stores, and other similar businesses. The asking price is $499,000. This hard corner location, combined with its high traffic counts and exceptional visibility, makes this property an unparalleled opportunity for investors seeking a strong return on investment in a thriving Midland market. Don't miss this chance to secure a prime piece of commercial real estate in a high-growth area.

    Property Features for 417 Golf Course Rd

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    HighLights

    • Exceptional .6 to 1‑acre commercial land parcel in Midland, TX, at 417 E Golf Course Rd.
    • High‑traffic corner lot (E Golf Course Rd & N Lamesa Rd) with over 15,000 vehicles daily.
    • Significant frontage: ~140 ft on N Lamesa Rd and ~200 ft on E Golf Course Rd.
    • Zoning allows QSRs, gas stations, convenience stores, and similar uses.
    • Asking price: $499,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.0713339
    Latitude
    32.0174238

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    FAQs

    What type of property is this?
    Land - Prime commercial lot, high visibility, ideal for QSR.
    Where is this land located?
    The property is located at 417 Golf Course Rd Midland, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Exceptional .6 to 1-acre commercial land parcel in Midland, TX, at 417 E Golf Course Rd.; High-traffic corner lot (E Golf Course Rd & N Lamesa Rd) with over 15,000 vehicles daily.; Significant frontage: ~140 ft on N Lamesa Rd and ~200 ft on E Golf Course Rd.
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    Midland, TX 79701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    417 Golf Course Rd Midland, TX 79701
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