Property profile

738201 Briarwood Ave Midland, TX 79707

OFF-MARKET
Land
18.03 ac lot
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Property summary

AI-generated overview

This exceptional 18.028-acre commercial land parcel presents a remarkable development opportunity in Midland, Texas. Located at 738201 Briarwood Ave, Midland, TX 79707, this property is situated within city limits, offering convenient access to existing infrastructure and the burgeoning growth in the area. The land is zoned MF7, allowing for a variety of development possibilities. The property comprises three distinct sections: two front lots suitable for retail development, and a substantial 14-acre rear section ideal for multi-family housing. This strategic layout offers flexibility for mixed-use projects. Prospective buyers are advised to independently verify zoning regulations, water, and sewer availability with the City of Midland. The asking price for this expansive tract is $3,800,000. This represents a significant investment opportunity in a rapidly developing area of Midland, Texas, promising substantial returns for the right developer. The property's size and zoning make it an attractive proposition for large-scale projects, capitalizing on the current market demand. Don't miss this chance to acquire a prime piece of land in a thriving Texas city. Act quickly to secure this exceptional development opportunity.

Property profile

Verified
Property type Land
Lot 18.03 ac (785,300 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

738201 Briarwood Ave Midland, TX 79707
Midland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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