122 County Rd Midland, TX 79703
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.