3908 Gray Wolf Trl Midland, TX 79706
This exceptional 2.99-acre commercial lot, located at 3908 Gray Wolf Trl, Midland, TX 79706, presents a unique opportunity for development. Situated in Martin County, this property offers a prime location for various commercial ventures. The land is ready for immediate development, with a projected 60-90 day closing period. Construction can commence within one year of purchase. The property boasts readily available fiber optics and electricity. While some lots include existing water wells, these will incur an additional cost. The property allows for the construction of barndominiums, shops, and barns, provided they adhere to approved home plans and comply with permitting requirements. Note that residential construction is limited to non-modular homes. This lot is perfect for those seeking to build a custom home or commercial structure to their exact specifications. Bring your own builder or utilize the services of Anderson Construction for a build-to-suit option. This is an exceptional opportunity to acquire a well-located, build-ready commercial lot in a thriving Texas market. The property's coordinates are 31.8781368 latitude and -101.9804613 longitude. The development is known as Timberwolf Estates North.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.