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    Carver St Midland, TX 79701

    For Sale
    Contact for pricing

    0.22-acre commercial lot, prime Midland location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.22-acre commercial land parcel presents a unique investment opportunity in Midland, Texas. Strategically located at the intersection of East Pennsylvania Avenue and South Carver Street, this property boasts convenient access to major thoroughfares including Lamesa Road, Garden City Highway, Interstate 20, and Cloverdale Road – a key east-west route to Greenwood. Its central position places it ideally between Highway 80 and I-20, ensuring excellent visibility and accessibility. The lot is situated just west of Ralph Bunche Elementary School within the Midland Independent School District (MISD), offering proximity to a thriving community. Furthermore, the property's convenient location is within walking distance of the YMCA, adding to its appeal. This raw land is offered at an attractive asking price of $20,000 and is suitable for a variety of commercial developments. The property is identified as Block 004, Lot 003, in the Moody Section 3 addition of Midland. Cash, financing, or 1031 exchange options are accepted. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area of Midland, Texas. The property's location and accessibility make it an ideal investment for both short-term and long-term growth. Detailed information regarding the bidding process is available through the Midland ISD electronic bidding system.

    Property Features for 0 Carver St

    General Information

    Property type
    Land
    Lot Size
    9,583 SF

    HighLights

    • 0.22‑acre commercial lot for sale in Midland, TX.
    • Located at the intersection of E. Pennsylvania Ave. and S. Carver St., with easy access to major thoroughfares including I‑20.
    • Situated near Ralph Bunche Elementary School in the Midland ISD, and within walking distance of the YMCA.
    • Offered at a starting bid of $20,000; cash, financing, or 1031 exchange accepted.
    • Legally described as Block 004, Lot 003, Moody Section 3 Addition, Midland, TX.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.05744053231
    Latitude
    31.992104164244

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    FAQs

    What type of property is this?
    Land - 0.22-acre commercial lot, prime Midland location.
    Where is this land located?
    The property is located at Carver St Midland, TX.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: 0.22-acre commercial lot for sale in Midland, TX.; Located at the intersection of E. Pennsylvania Ave. and S. Carver St., with easy access to major thoroughfares including I-20.; Situated near Ralph Bunche Elementary School in the Midland ISD, and within walking distance of the YMCA.
    (432) 682-2510
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    Carver 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
    Carver St Midland, TX 79701
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