I-20 Frontage Midland, TX 79701
This exceptional 21.582-acre commercial land parcel presents a remarkable investment opportunity in Midland, Texas. Strategically located at the hard corner of I-20 and 1788, this property boasts unparalleled visibility and accessibility. Situated between Midland and Odessa, near the Midland International Air & Spaceport, this site offers significant development potential. Existing infrastructure includes on-site water and sewer lines, simplifying development plans. West Engineering has completed extensive site work, civil engineering, and mapping, which is available to qualified buyers. While a "no retail diesel sales" restriction remains for seven years, the property's prime location makes it an ideal site for a truck stop or gas station following the restriction's expiration. The property shares a detention pond with an adjacent property. Development plans must receive FAA approval due to its location within an Airport Operating Zone (AOZ). Flood maps indicate no flooding concerns for this property. This is a buy-and-hold opportunity with high potential for sub-development, creating a premier West Texas location that bridges Midland and Odessa. The asking price is $4,500,000. Contact us today to learn more about this exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.