5905 County Road 123 Midland, TX 79706
- Land
- 7.42 lot acres
Current Use by Public Records
- Land
Property Details for 5905 County Road 123
- Lot size
- 7.42 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 7.42-acre industrial property in Midland, Texas, presents a unique opportunity for immediate development. Priced at $1,150,000, the site boasts significant pre-development advantages, including a 2,400 square foot shop building equipped with two 14-foot-high grade-level doors. A substantial caliche yard and perimeter fencing are already in place, minimizing site preparation time and costs. Two existing water wells and on-site electricity further enhance the property's value and readiness for construction. The property's strategic location offers easy access to Loop 250 and Interstate 20, ensuring efficient transportation and logistics. The convenient entry from West County Road 123, combined with the existing infrastructure, makes this site ideal for various commercial applications, including the development of multiple spec buildings or use as a laydown yard. This turnkey property is perfectly positioned to capitalize on Midland's thriving industrial market, offering a streamlined path to construction and immediate return on investment. The address is 5905 W County Rd 123, Midland, TX 79706, within Midland County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.147
- Latitude
- 31.9352
