303 Loop 250 Midland, TX 79703
- Retail properties
- 7.86 lot acres
Current Use by Public Records
- Retail properties
Property Details for 303 Loop 250
- Lot size
- 7.86 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 7.86-acre commercial land parcel presents a unique investment opportunity in Northwest Midland, Texas. Located at the northeast corner of Tradewinds Boulevard and Thomason Drive, this property boasts excellent visibility from Loop 250, a major thoroughfare. The land is zoned for commercial use, allowing for the development of office, retail, or storage facilities. Priced at $4,622,151.60, or $13.50 per square foot, this represents a compelling value in a rapidly growing area. The site benefits from its proximity to significant ongoing and planned developments, including new retail construction (Starbucks, WESTEX Urgent Care, and Bass Pro Shops), a new high school, approximately 900 new homes, Zoo Midland, and The Preserve at Midland. This strategic location ensures high traffic volume and strong potential for future appreciation. The property's address is 303 N Loop 250 W, Midland, TX 79703, within Midland County. This is an ideal opportunity for developers seeking to capitalize on the robust growth and expansion in Northwest Midland. The site's size and location offer significant flexibility for a variety of commercial projects, making it an attractive investment for both short-term and long-term returns. The area's expanding residential base and new commercial developments create a strong foundation for sustained growth and high occupancy rates.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.153
- Latitude
- 31.9819
