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Property profile & analytics
OFF-MARKET
Land

0000 Elkins Rd Stanton, TX 79782

156.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 156-acre parcel of raw land presents a unique investment opportunity in the thriving Midland, Texas market. Located at 0000 Elkins Rd, Midland, TX 79782, in Midland County, this expansive property offers endless possibilities for residential development. The land is currently undeveloped, providing a blank canvas for a visionary project. The asking price is $3,490,000. No utilities are currently available on the site. Access is via Loop 250 East, turning left onto Elkins Road, continuing until the road transitions to a dirt road. The property will be situated on the west side of the road. The property's substantial size (156.8 acres) allows for a large-scale development, catering to a variety of residential needs. Its location in Midland, TX, offers proximity to the city's amenities and infrastructure, making it an attractive location for potential residents. This is a rare opportunity to acquire a significant land holding in a rapidly growing area. Buyers are responsible for conducting their own due diligence regarding zoning, permitting, and utility connections. The property is zoned for residential use.

Property profile
Verified
Property type Land
Lot 156.8 ac (6,830,208 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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