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Property profile & analytics
OFF-MARKET
Land

205 Corporate Dr Midland, TX 79705

4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4-acre commercial land parcel in Midland, Texas, presents a remarkable investment opportunity. Located at 205 Corporate Dr, in the desirable Alley Village area, this property boasts a prime location near Loop 250 and N. Big Spring St., just minutes from downtown Midland. The site is conveniently situated near Clay Desta Plaza and numerous upscale restaurants, shopping centers, coffee shops, and entertainment venues, ensuring high visibility and accessibility. Zoned PD by the City of Midland, this versatile property allows for a wide range of development options, including residential, light commercial, light industrial, or public recreational uses. All city utilities are readily accessible. The asking price is $1,724,105, or $10 per square foot, with final pricing subject to a final survey. An additional 3.88 acres is also available for potential expansion, creating an opportunity to acquire approximately 8 acres total. This corner lot offers unparalleled potential for developers seeking a high-demand location with diverse development possibilities. The APN is R000216827.

Property profile
Verified
Property type Land
Lot 4 ac (174,240 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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