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    1511 Front St Midland, TX 79701

    For Sale
    $2,000,000

    Prime 4.7-acre commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4.7-acre commercial land parcel is ideally situated on East Front Street in Midland, Texas, offering unparalleled visibility and accessibility. The property boasts approximately 700 feet of frontage on Front Street, a major thoroughfare experiencing high daily traffic volume. A proposed site plan envisions subdividing the land into four lots, each ranging from one to 1.5 acres, providing flexibility for various development scenarios. The site's strategic location is further enhanced by its proximity to downtown Midland, Fairgrounds Road, and Interstate 20, ensuring convenient access to major transportation arteries. State Highway 349 is also easily accessible. A planned Dollar Tree store immediately west of the property will serve as a significant anchor tenant, sharing a curb cut and drive. The western end of the property, at the corner of Adam Street, offers an additional 150 feet of frontage. The land is zoned BP and is suitable for retail development. The asking price for the entire 4.7-acre parcel is $2,000,000, with individual lot prices ranging from $425,581 to $2,000,000. The land itself is raw, level, and presents a remarkable opportunity for investors seeking high-impact commercial development in a thriving Texas market. The property's location and planned development make it an attractive investment with significant potential for future growth.

    Property Features for 1511 Front St

    General Information

    Property type
    Land
    Lot Size
    204,732 SF

    HighLights

    • 4.7‑acre commercial land parcel in Midland, TX, on East Front Street.
    • Approximately 700 feet of frontage on high‑traffic Front Street, with an additional 150 feet of frontage on Adam Street.
    • Zoned BP, suitable for retail development; subdividable into four lots (1‑1.5 acres each).
    • Anchored by a planned Dollar Tree store sharing a curb cut and drive.
    • Asking price: $2,000,000 (individual lots $425,581 - $2,000,000).
    Property Profile Location Intelligence

    Current Use by Public Records

    Gearheads Automotive Mechanic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.05931796274
    Latitude
    32.003627172818

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    FAQs

    What type of property is this?
    Land - Prime 4.7-acre commercial lot, high traffic.
    Where is this land located?
    The property is located at 1511 Front St Midland, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 4.7-acre commercial land parcel in Midland, TX, on East Front Street.; Approximately 700 feet of frontage on high-traffic Front Street, with an additional 150 feet of frontage on Adam Street.; Zoned BP, suitable for retail development; subdividable into four lots (1-1.5 acres each).
    (432) 682-2510
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    1511 Front St Midland, TX 79701
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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
    1511 Front St Midland, TX 79701
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