738201 Briarwood Ave, Midland, TX 79707
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.
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
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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.