0 County Road 170 Midland, TX 79706
This exceptional 218-acre property in Midland, Texas, presents a fantastic development opportunity. Located in Midland County, at 0000 County Road 170, zip code 79706, this unrestricted land offers diverse potential uses. The property boasts convenient access via multiple county roads, with County Road 170 paved and connecting to County Road 1270, currently undergoing repaving. This significantly enhances developability. The land features a notable elevation change, rising approximately 40 feet from north to south. The central 104 acres are particularly well-suited for easy parceling and development. Its proximity to the Midland International Air & Space Port adds to its strategic value. Furthermore, the property's location near Franks Tanks and the new Midland Shooters Association Shotgun Club provides additional context. The northern 78 acres sit within the Midland Draw, offering potential for hunting, with observed deer and big cat activity. While water resources are anticipated, water quality may require assessment. The asking price is $1,787,600. Directions: From 1788 South, proceed east on CR 150 for one mile, then head south until reaching CR 170 and/or CR 174.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.