0000 Elkins Rd Midland, TX 79782
This exceptional 156-acre parcel of raw land presents a remarkable opportunity for commercial development in the thriving city of Midland, Texas. Located at 0000 Elkins Rd, this expansive property offers unparalleled potential for a wide range of commercial ventures. The sheer size of the land allows for ambitious projects, from large-scale industrial facilities to expansive retail centers or mixed-use developments. The absence of existing utilities provides a blank canvas for developers to tailor infrastructure to their specific needs and vision. This presents a unique advantage, allowing for customized utility installations optimized for the chosen development. The property's location within Midland, a city experiencing significant economic growth, further enhances its investment appeal. Prospective buyers will find this substantial acreage an ideal platform to capitalize on Midland's robust market and create a significant commercial asset. The asking price of $3,490,000 reflects the exceptional value and potential of this prime commercial land. Serious inquiries are encouraged to explore the possibilities and secure this exceptional investment opportunity. Given the size and raw nature of the land, environmental assessments and due diligence are recommended prior to purchase. This property is being offered as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.