Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    I-20 Frontage Midland, TX 79701

    For Sale
    $4,500,000

    Prime West Texas commercial land, ideal investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    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.

    Property Features for I-20 Frontage

    General Information

    Property type
    Land
    Lot Size
    940,112 SF

    HighLights

    • High‑visibility corner lot at the intersection of 1788 and I‑20.
    • Exceptional investment potential.
    • 21.582‑acre site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.0607122
    Latitude
    31.9751301

    Nearby Similar for Sale

    • $1,995,000
      11,246 SF

      Midland Office/Shop on 8.5 Acres

      Turnkey office/shop space with additional residential home near Midland.
      9009 W County Road 160, Midland, TX 79706
      View Details
    • $2,400,000
      8,254 SF

      Airbnb Tiny Homes and Barndominium

      Income-generating property with tiny homes, barndominium, and commercial building.
      4301 S County Road 1135, Midland, TX 79706
      View Details
    • $949,900
      7,128 SF

      Midland Commercial Property For Sale

      Commercial property in Midland, TX, ideal for various business ventures.
      1005 Austin St, Midland, TX 79703
      View Details
    • $5,500,000
      24,775 SF

      Downtown Midland Office Building

      Three-story office building in downtown Midland, Texas.
      200 W Illinois Ave, Midland, TX 79701
      View Details
    • $3,800,000
      30,396 SF

      Former Newspaper Building in Midland

      Expansive property with redevelopment potential in the heart of Midland.
      201 E Illinois Ave, Midland, TX 79701
      View Details
    • $1,450,000
      7,500 SF

      Midland Warehouse with Office Space

      Commercial warehouse with office on 3 acres in Midland.
      6707 S County Road 1065, Midland, TX 79706
      View Details

    FAQs

    What type of property is this?
    Land - Prime West Texas commercial land, ideal investment.
    Where is this land located?
    The property is located at I-20 Frontage Midland, TX.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: High-visibility corner lot at the intersection of 1788 and I-20.; Exceptional investment potential.; 21.582-acre site.
    (432) 688-8200
    Request Owner's contact information
    I-20 Frontage Midland, TX 79701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    I-20 Frontage
    Midland, TX 79701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    I-20 Frontage Midland, TX 79701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.