Property profile

122 County Rd Midland, TX 79703

OFF-MARKET
Land
22.24 ac lot
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Property summary

AI-generated overview

This exceptional offering presents three contiguous lots totaling over 15 acres, ideally situated in Midland, Texas, near the intersection of I-20 and Antelope Trail. The property consists of three parcels: Lot 5 (5.05 acres), Lot 7 (5 acres), and Lot 8 (5.87 acres), all zoned for commercial and industrial use under County permitting. This prime location is experiencing significant growth and development, making it an attractive investment opportunity. The land is priced at $100,000 per acre, totaling $1,592,000 for the combined acreage. Note that an adjacent lot (Lot 9) features a 10,200 square foot office/warehouse building with amenities including six offices, a second-floor apartment setup, a crane-ready shop, and a covered wash bay. While not included in this sale, the existing structure on Lot 9 highlights the area's suitability for commercial and industrial development. The seller is open to discussing utility hook-up options for potential man camp trailers. This is a rare opportunity to acquire a substantial land holding in a thriving industrial area with excellent access to major transportation routes. The address is Lots 5, 6, 7 & 8 W County Rd 122, Midland, TX 79703.

Property profile

Verified
Property type Land
Lot 22.24 ac (968,818 SF)

Cap rate & NOI

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

Location

122 County Rd Midland, TX 79703
Midland metro
Google Maps

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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