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    122 County Rd Midland, TX 79703

    For Sale
    $1,592,000

    Prime 15+ acre industrial lots near I-20.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional offering presents three contiguous lots totaling over 15 acres, ideally situated in Midland, Texas, near the intersection of I-20 and Antelope Trail. The property consists of three parcels: Lot 5 (5.05 acres), Lot 7 (5 acres), and Lot 8 (5.87 acres), all zoned for commercial and industrial use under County permitting. This prime location is experiencing significant growth and development, making it an attractive investment opportunity. The land is priced at $100,000 per acre, totaling $1,592,000 for the combined acreage. Note that an adjacent lot (Lot 9) features a 10,200 square foot office/warehouse building with amenities including six offices, a second-floor apartment setup, a crane-ready shop, and a covered wash bay. While not included in this sale, the existing structure on Lot 9 highlights the area's suitability for commercial and industrial development. The seller is open to discussing utility hook-up options for potential man camp trailers. This is a rare opportunity to acquire a substantial land holding in a thriving industrial area with excellent access to major transportation routes. The address is Lots 5, 6, 7 & 8 W County Rd 122, Midland, TX 79703.

    Property Features for 122 County Rd

    General Information

    Property type
    Land
    Lot Size
    968,818 SF

    HighLights

    • Three contiguous lots totaling 15.92 acres available in a rapidly developing Midland, TX industrial area.
    • Lot 5: 5.05 acres.
    • Lot 7: 5 acres.
    • Lot 8: 5.87 acres.
    • $1,592,000 asking price; $70,000/acre.
    • Located near I‑20 & Antelope Trail, Midland, TX 79703.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.152265
    Latitude
    31.935568

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    FAQs

    What type of property is this?
    Land - Prime 15+ acre industrial lots near I-20.
    Where is this land located?
    The property is located at 122 County Rd Midland, TX.
    What is the asking price?
    The asking price for this property is $1,592,000.
    What are key features of this property?
    This property features: Three contiguous lots totaling 15.92 acres available in a rapidly developing Midland, TX industrial area.; Lot 5: 5.05 acres.; Lot 7: 5 acres.
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    122 County Rd Midland, TX 79703
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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

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    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
    122 County Rd Midland, TX 79703
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