Property profile

8416 Tx-191 Midland, TX 79707

OFF-MARKET
Land
6 ac lot
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Property summary

AI-generated overview

This exceptional 6-acre industrial land parcel presents a unique investment opportunity in the thriving Midland, Texas market. Located at 8416 TX-191, this property boasts a highly desirable location, situated between Odessa and Midland off Highway 191. The lot is conveniently positioned at the corner of the Highway 191 service road and North County Road 1271, ensuring excellent visibility and accessibility. Its strategic placement between Mid-City Church and Southwest Baptist Church further enhances its appeal. The property benefits from significant daily traffic volume, making it ideal for a variety of commercial ventures. Its proximity to Highways 1788 and 349, along with its close proximity to the Midland airport, adds to its logistical advantages. The area already features numerous established businesses, creating a supportive and dynamic commercial environment. This raw land is ready for development, offering the potential to build a new business in a high-traffic, well-established area. The asking price for this exceptional 6-acre tract is $1,999,000. Don't miss this chance to secure a prime piece of Midland real estate. The property is zoned for industrial use and offers significant potential for future growth and profitability. Contact us today to learn more about this outstanding opportunity.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8416 Tx-191 Midland, TX 79707
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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