0 Carver St Midland, TX 79701
This exceptional 0.22-acre commercial land parcel presents a unique investment opportunity in Midland, Texas. Strategically located at the intersection of East Pennsylvania Avenue and South Carver Street, this property boasts convenient access to major thoroughfares including Lamesa Road, Garden City Highway, Interstate 20, and Cloverdale Road – a key east-west route to Greenwood. Its central position places it ideally between Highway 80 and I-20, ensuring excellent visibility and accessibility. The lot is situated just west of Ralph Bunche Elementary School within the Midland Independent School District (MISD), offering proximity to a thriving community. Furthermore, the property's convenient location is within walking distance of the YMCA, adding to its appeal. This raw land is offered at an attractive asking price of $20,000 and is suitable for a variety of commercial developments. The property is identified as Block 004, Lot 003, in the Moody Section 3 addition of Midland. Cash, financing, or 1031 exchange options are accepted. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area of Midland, Texas. The property's location and accessibility make it an ideal investment for both short-term and long-term growth. Detailed information regarding the bidding process is available through the Midland ISD electronic bidding system.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.