Current Use by Public Records
- Land
Property Details for 1040 Tract 2
- Lot size
- 54.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 54-acre tract of land presents a unique investment opportunity in Midland, Texas. Located just south of I-20, near County Road 1900 and County Road 1040, this unrestricted property offers a multitude of development possibilities. Its prime location provides convenient access to major transportation routes. The property boasts existing infrastructure, including three-phase electric service along the eastern boundary with an underground drop to the center, and single-phase service to a neighboring tract on the west. An unpaved road right-of-way on County Road 3201 provides northern access. The land itself is characterized by diverse terrain and wildlife, including observed bobcats, coyotes, and a significant quail population. The property's unrestricted zoning allows for a wide range of uses, including, but not limited to, RV parks, dirt bike facilities, dirt/caliche sales, and water sales. While currently listed as a single 54-acre parcel, the property is potentially divisible, offering flexibility for various development scenarios. The Greenwood School District serves this area. This is an ideal opportunity for investors seeking a versatile and strategically located land parcel with significant development potential. The asking price for this expansive tract is $594,000.
Value Estimations
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AI approach
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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
- -101.831
- Latitude
- 32.0817
