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Property profile & analytics
OFF-MARKET
Land

3601 Black Wolf Trl Midland, TX 79705

2.19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.19-acre commercial land parcel presents a unique opportunity in Midland, Texas, located at 3601 Black Wolf Trl, within the Timber Wolf Estates North community. Priced at $87,600, this property is ideal for those seeking to build a custom home or commercial structure. The land allows for a variety of construction projects, including barndominiums (subject to size restrictions relative to the main home), shops, and barns, all contingent upon approved home plans and permitting processes. The property boasts readily available fiber optics and electricity. While some lots feature pre-existing water wells, their availability and associated costs are to be determined separately. The development emphasizes residential construction, specifically prohibiting modular homes. The closing process for land purchase is estimated to take 60-90 days, with construction commencement expected within one year of purchase. This prime location in Martin County, TX, zip code 79705, offers a blend of convenience and potential, making it an attractive investment for discerning buyers. The property's coordinates are 32.095076 latitude and -102.049147 longitude.

Property profile
Verified
Property type Land
Lot 2.19 ac (95,396 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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