1711 Francis Ave Midland, TX 79701
- Land
- 7.63 lot acres
Current Use by Public Records
- Museum Place / Housing Complex
- Palladium Museum Place / Apartment Complex
Property Details for 1711 Francis Ave
- Lot size
- 7.63 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 7.627-acre property in Midland, Texas, presents a significant development opportunity. Strategically located across two lots at 1711 & 1800 W Francis Ave, this offering comprises 3.11 acres on the west side of Garfield Street and 4.517 acres directly across on the east side. Both parcels extend south, bordering Francis Avenue, providing convenient access from multiple directions. The property is situated within city limits, zoned TP, and is not located in a flood zone. City water and sewer services are readily available. This prime location offers close proximity to major retailers, including Walmart, and is just one mile from I-20, ensuring excellent visibility and accessibility. The combined acreage, coupled with its convenient location and zoning, makes this an ideal site for a variety of commercial or industrial uses. The asking price is $2,500,000, representing a price per acre of $327,783. This presents a compelling investment opportunity for developers seeking a strategically located and well-serviced parcel in a thriving Texas market. The corner lot configuration further enhances its development potential.
Value Estimations
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AI approach
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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
- -102.092
- Latitude
- 31.9795