Crk 1275 Midland, TX 79707
- Land
- 10.01 lot acres
Current Use by Public Records
- Land
Property Details for 0 Crk 1275
- Lot size
- 10.01 lot acres
- Property type
- Land
Description
This exceptional 10.01-acre commercial land parcel presents a remarkable investment opportunity in Midland, Texas. Strategically located at the intersection of Highway 191 and North County Road 1275, this property boasts over 1,500 feet of highway frontage, ensuring unparalleled visibility for any commercial venture. The asking price is $1,251,250, translating to $125,000 per acre. Zoned RR (Regional Retail District), this site is ideally suited for a diverse range of developments, including retail, storage facilities, multi-tenant retail complexes, industrial uses, flex spaces, or owner-user projects. The high traffic count is a significant advantage, with the Texas Department of Transportation reporting an Annual Average Daily Traffic (AADT) of 41,223 vehicles on Highway 191 in 2023. This prime location within Midland city limits offers convenient access and excellent visibility. Further enhancing its appeal, city water is available on the north side of the property. This is a rare opportunity to acquire a substantial tract of land with exceptional potential in a thriving Texas market. The property's size, zoning, and location combine to create a compelling investment prospect for discerning buyers. Don't miss this chance to secure a piece of Midland's commercial landscape. The zip code is 79707, and the property is situated in Midland County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.231
- Latitude
- 31.9799
