0000 Midland Dr Midland, TX 79703
This exceptional .747-acre commercial lot sits at the corner of Cuthbert and Midland Dr in Midland, Texas (zip code 79703), offering a prime location across from Alamo Jr. High and the City Water Park. Currently zoned O1, the property allows for a diverse range of uses including office space, retail establishments, senior living facilities, duplexes, indoor dining, and coffee shops. A shared retention pond easement is available. The property's strategic location presents significant potential for development, and with some effort, rezoning could accommodate drive-thru businesses such as coffee shops, ice cream parlors, or restaurants. The asking price for this exceptional opportunity is $450,000. This vacant lot presents a rare chance to acquire a highly desirable commercial property in a thriving Texas city. The property's versatility and prime location make it an ideal investment for developers and entrepreneurs seeking a high-impact commercial venture. Don't miss this chance to secure a piece of Midland's vibrant commercial landscape.
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
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.