Technical
Financial
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Property profile

1511 Front St Midland, TX 79701

OFF-MARKET
Land
4.7 ac lot
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Property summary

AI-generated overview

This exceptional 4.7-acre commercial land parcel is ideally situated on East Front Street in Midland, Texas, offering unparalleled visibility and accessibility. The property boasts approximately 700 feet of frontage on Front Street, a major thoroughfare experiencing high daily traffic volume. A proposed site plan envisions subdividing the land into four lots, each ranging from one to 1.5 acres, providing flexibility for various development scenarios. The site's strategic location is further enhanced by its proximity to downtown Midland, Fairgrounds Road, and Interstate 20, ensuring convenient access to major transportation arteries. State Highway 349 is also easily accessible. A planned Dollar Tree store immediately west of the property will serve as a significant anchor tenant, sharing a curb cut and drive. The western end of the property, at the corner of Adam Street, offers an additional 150 feet of frontage. The land is zoned BP and is suitable for retail development. The asking price for the entire 4.7-acre parcel is $2,000,000, with individual lot prices ranging from $425,581 to $2,000,000. The land itself is raw, level, and presents a remarkable opportunity for investors seeking high-impact commercial development in a thriving Texas market. The property's location and planned development make it an attractive investment with significant potential for future growth.

Property profile

Verified
Property type Land
Lot 4.7 ac (204,732 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

1511 Front St Midland, TX 79701
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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