Property profile

7404 Briarwood Ave-01 Midland, TX 79707

OFF-MARKET
Retail properties & Spaces
2.09 ac lot
Saved · see the list in your Dashboard

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

Location

7404 Briarwood Ave-01 Midland, TX 79707
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7404 Briarwood Ave-01?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message