6300 Fm 1213 Midland, TX 79706
This exceptional property, located in south Midland, Texas, presents a significant development opportunity. Situated in a thriving commercial area, this expansive tract encompasses nearly 600 acres, with flexible lot sizes ranging from 10 to 600 acres available. Its strategic location provides convenient access to both Highway 349 and Highway 158, making it highly attractive for a diverse range of projects. The land boasts extensive road frontage, including 6,600 feet along FM 1213, 2,330 feet along County Road 140, and 3,900 feet along County Road 150. This substantial frontage offers excellent visibility and accessibility. The property is zoned for both commercial and residential development, providing versatility for investors seeking diverse development options. Pricing is competitive, with commercial development priced at $30,000 per acre and residential development at $15,000 per acre. This presents a rare chance to acquire a large parcel of land in a rapidly growing area of Midland, Texas, with the potential for substantial returns. The address is 6300 FM 1213, Midland, TX 79706. This is an ideal location for businesses seeking expansion or new residential communities.
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.