205 Corporate Dr Midland, TX 79705
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.