I-20 Frontage Midland, TX 79701
- Land
- 21.58 lot acres
Current Use by Public Records
- Land
Property Details for I-20 Frontage
- Lot size
- 21.58 lot acres
- Property type
- Land
Description
This exceptional 21.582-acre commercial land parcel presents a remarkable investment opportunity in Midland, Texas. Strategically located at the hard corner of I-20 and 1788, this property boasts unparalleled visibility and accessibility. Situated between Midland and Odessa, near the Midland International Air & Spaceport, this site offers significant development potential. Existing infrastructure includes on-site water and sewer lines, simplifying development plans. West Engineering has completed extensive site work, civil engineering, and mapping, which is available to qualified buyers. While a "no retail diesel sales" restriction remains for seven years, the property's prime location makes it an ideal site for a truck stop or gas station following the restriction's expiration. The property shares a detention pond with an adjacent property. Development plans must receive FAA approval due to its location within an Airport Operating Zone (AOZ). Flood maps indicate no flooding concerns for this property. This is a buy-and-hold opportunity with high potential for sub-development, creating a premier West Texas location that bridges Midland and Odessa. The asking price is $4,500,000. Contact us today to learn more about this exceptional investment opportunity.
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
- -102.061
- Latitude
- 31.9751
