6716 County Rd Midland, TX 79706
- Commercial real estate
- 43,560 SF
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6716 County Rd
- Year built
- 2019
- Lot size
- 1.00 lot acres
- Property size
- 43,560 SF
- Property type
- Commercial real estate
Description
This exceptional 1-acre commercial property in Midland, Texas, presents a lucrative investment opportunity. The property boasts a substantial 43,560 square feet of unrestricted land, offering unparalleled flexibility for future development. Currently generating income, the site includes three separate two-bedroom, two-bathroom homes, providing immediate rental potential. In addition to the residential units, eight RV hookups are in place, ensuring a consistent stream of revenue from recreational vehicle rentals. Four additional RVs are available for negotiation as part of the purchase. The absence of restrictions allows for a wide range of potential uses and expansions. Owner financing is available, making this an even more attractive proposition for savvy investors. The combination of existing rental income from both the homes and RV spaces provides a solid foundation for immediate returns, while the unrestricted nature of the land opens doors to future development and growth. This property is ready to generate income from day one, making it an ideal investment for those seeking a diversified portfolio with significant upside potential. The existing infrastructure minimizes upfront costs and allows for immediate cash flow.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.005
- Latitude
- 31.9206
