Technical
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Distress signals
Property profile

0 Lamesa Rd Midland, TX 79701

OFF-MARKET
Land
0.18 ac lot
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Property summary

AI-generated overview

This exceptional 0.18-acre commercial land parcel presents a prime development opportunity in Midland, Texas. Located on Lamesa Rd, with a convenient proximity to Midland's central business district and Interstate 20, this property boasts high visibility and accessibility. Zoned for commercial use, this undeveloped lot (APN: R000032548) offers significant potential for a variety of retail or commercial ventures. The asking price is $70,000, and seller financing may be available. This is an excellent chance to acquire a strategically positioned piece of land in a thriving Texas market. The property's 0.18-acre size provides a manageable scale for development, while its location ensures strong potential for return on investment. Detailed site plans and zoning information are readily available upon request. Don't miss this opportunity to secure a prime commercial development site in a rapidly growing area. Act quickly to capitalize on this exceptional offering. The property is located in Midland County, Texas, zip code 79701, with GPS coordinates 31.9986469 latitude and -102.0642624 longitude.

Property profile

Verified
Property type Land
Lot 0.18 ac (7,841 SF)

Cap rate & NOI

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

Location

Lamesa Rd Midland, TX 79701
Midland metro
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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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