1008 Texas Ave Midland, TX 79701
This exceptional 0.251-acre commercial land parcel presents a unique investment opportunity in the thriving city of Midland, Texas. Located at 1008 W Texas Ave, 79701, this property boasts a prime location surrounded by established professional offices and businesses, offering immediate access to a robust commercial environment. Its proximity to downtown Midland ensures high visibility and convenient access to a wide range of amenities and services. The site itself is characterized by attractive surroundings, enhancing its appeal and potential for development. The property has been completely gutted, providing a blank canvas for a diverse range of development projects. Versatile zoning allows for considerable flexibility in project planning, catering to various commercial uses. Furthermore, essential utilities are readily available on-site, simplifying the development process and minimizing upfront costs. This exceptional location, combined with the property's cleared state and versatile zoning, makes it an ideal investment for developers seeking a strategic foothold in Midland's dynamic commercial landscape. The asking price for this remarkable opportunity is $196,804.
-
Jenkins Construction Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
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.