250 & Tradwind - 1.5 Ac Midland, TX 79706
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 250 & Tradwind - 1.5 Ac
- Property type
- Retail properties
- Property subtype
- Life science properties
Description
This prime 1.5-acre development site is located at the northeast corner of Business Interstate 20 and Tradewinds Boulevard in Midland, Texas, zip code 79706. Situated within the rapidly growing Tradewinds Boulevard Corridor, this property offers exceptional visibility and access. The site is part of Gateway Plaza, a thriving commercial area featuring established businesses such as Cinergy Cinemas (an 11-plex), Hawthorn Suites, Four Points by Sheraton, Gateway Plaza Apartments, RIG-ID, and Cafe Nitro, along with a two-story office building. This location benefits from high traffic counts, with Business Interstate 20 seeing 15,506 vehicles daily and Loop 250 boasting 20,396 vehicles daily. The property is zoned for retail and industrial uses, including R&D, and is ideal for development. Importantly, this site is not located within a floodplain. The land is offered at $20.00 per square foot. This presents a unique opportunity to capitalize on Midland's robust commercial growth in a highly visible and accessible location. The property is classified as Retail, Industrial, and Land, suitable for R&D and development projects.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland Co.
- State
- Texas
- Longitude
- -102.148
- Latitude
- 31.9585
