1608 A St Midland, TX 79701
This exceptional 2.4-acre parcel in Midland, Texas, presents a unique opportunity for diverse development. Ideally situated in established Midland, just north of the duck pond, this property boasts excellent visibility and accessibility. Its prime location offers proximity to Bowie Fine Arts Academy and is within walking distance of the vibrant downtown area. The lot features approximately 135 feet of frontage on A Street and extends approximately 626 feet east, reaching approximately 168 feet of frontage on Ridglea Drive. Adding to its appeal, the property benefits from convenient access via A Street, Club Drive, and Ridglea Drive, as well as service from two alleys. Utilities are readily available, with water and sewer already connected to the site. The irregular shape of the land allows for creative development plans, accommodating a range of possibilities. Potential uses include small-lot residential, townhomes, office space, special-purpose buildings, or a mixed-use development, catering to a variety of needs and investment strategies. This versatile property offers significant potential for substantial return on investment in a thriving Texas city. The property is zoned for Commercial and Residential use. The asking price is $600,000. The address is 1608 N A St, Midland, TX 79701.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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