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    6401 Deauville Blvd Midland, TX 79706

    For Sale
    $2,100,000

    3.43-acre commercial lot, prime retail location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3.43-acre commercial land parcel presents a remarkable investment opportunity in Midland, Texas. Located at 6401 Deauville Boulevard, this property boasts a highly desirable location within a rapidly growing retail district, zoned for Regional Retail. The asking price is $2,100,000, translating to $14.00 per square foot. Situated south of Highway 191 and west of Avalon Drive, this site benefits from exceptional visibility and high traffic counts. Its strategic placement adjacent to new car dealerships and the upcoming Costco further enhances its potential. City water and sewer utilities are readily available. This property is ideal for developers seeking to capitalize on Midland's thriving commercial market and its strong potential for future growth. The expansive lot size offers significant flexibility for a variety of retail developments, ensuring a strong return on investment. Don't miss this chance to secure a prime piece of real estate in a dynamic and expanding area of Midland, Texas. The property's address is 6401 Deauville Blvd, Midland, TX 79706.

    Property Features for 6401 Deauville Blvd

    General Information

    Property type
    Land
    Lot Size
    149,411 SF

    HighLights

    • Prime 3.43‑acre commercial land parcel in Midland, TX's thriving retail district.
    • High‑traffic location with excellent visibility from Highway 191.
    • Adjacent to new car dealerships and a future Costco.
    • Regional Retail zoning with city water and sewer available.
    • $2,100,000 asking price ($14.00/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.1669412
    Latitude
    31.9919143

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    FAQs

    What type of property is this?
    Land - 3.43-acre commercial lot, prime retail location.
    Where is this land located?
    The property is located at 6401 Deauville Blvd Midland, TX.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Prime 3.43-acre commercial land parcel in Midland, TX's thriving retail district.; High-traffic location with excellent visibility from Highway 191.; Adjacent to new car dealerships and a future Costco.
    (432) 582-2250
    Request Owner's contact information
    6401 Deauville Blvd Midland, TX 79706
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    Midland, TX 79706
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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
    6401 Deauville Blvd Midland, TX 79706
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