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    OFF-MARKET
    Retail properties & Spaces

    7404 Briarwood Ave-01, Midland, TX 79707

    2.09 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.091-acre parcel presents a remarkable retail development opportunity in a rapidly expanding area of Midland, Texas. Located at 7404 Briarwood Ave-01, 79707, this property boasts significant retail frontage and is zoned MF7, allowing for a variety of commercial uses. Its strategic location offers easy access to a thriving residential and multi-family community, ensuring high visibility and potential customer traffic. The property's proximity to a newly constructed fire station further enhances its desirability. The site is currently positioned as the west corner piece of a larger development, with an adjoining property soon to be completed, transforming this lot into a highly visible corner location. This presents a unique chance to capitalize on the significant growth and development currently underway in this bustling area of Midland, within city limits. The land's size and zoning make it particularly well-suited for a convenience store (C-Store), but other retail ventures are also feasible. This is a rare opportunity to secure a prime piece of land in one of Midland's most promising commercial zones. The asking price is $725,000.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 2.09 ac (91,084 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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