7382 Briarwood Ave Midland, TX 79707
This exceptional 14-acre commercial land parcel, located at 7382 Briarwood Avenue in Midland, Texas, presents a compelling investment opportunity for multifamily developers. Priced at $3,000,000, this property is situated within city limits, offering convenient access to infrastructure and utilities. The site benefits from its proximity to significant new growth and development activity in the area, promising strong future appreciation potential. This prime location provides excellent visibility and accessibility, making it ideal for a large-scale multifamily project. Prospective buyers are encouraged to independently verify zoning regulations, water availability, and sewer capacity with the city of Midland to ensure compliance with all development requirements and to fully assess the feasibility of their proposed project. The substantial lot size allows for considerable flexibility in design and development, catering to a wide range of multifamily housing options. This is a rare opportunity to acquire a significant land holding in a rapidly expanding market, poised for substantial long-term returns. The property's strategic location and considerable size make it an attractive investment for those seeking to capitalize on the robust growth trajectory of Midland, Texas. This is a truly exceptional opportunity to secure a prime piece of land in a thriving market.
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
Similar Nearby for Lease
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.