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    FOR SALE
    Commercial real estate

    1707 W Francis Ave Midland, TX 79701

    4.95 ac lot
    Property ID
    US82-6190704
    1707 W Francis Ave, Midland, TX 79701 For Sale 1 / 32
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    1707 W Francis Ave, Midland, TX 79701
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    Property summary
    AI-generated overview

    This exceptional 4.951-acre commercial land parcel presents a remarkable development opportunity in Midland, Texas. Strategically located on West Francis Avenue, it boasts unparalleled access to Interstate 20, placing it within easy reach of major transportation arteries. The property's zoning is designated TP, offering considerable flexibility for a variety of commercial projects. Its prime location is further enhanced by its proximity to the Permian Basin Petroleum Museum and the Palladium at Museum Place, a 240-unit luxury apartment complex. This adjacency to established attractions and high-density residential ensures high visibility and potential for strong tenant demand. The land is priced at $7 per square foot, representing a compelling investment opportunity given its size, location, and development potential. The property's APN is R000004491. Detailed property views are available via a drone video. This is a rare chance to acquire a significant tract of land in a thriving Texas market. The seller is offering this property for sale by owner. The address is 1707 W Francis Ave, Midland, TX 79701.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 4.95 ac (215,666 SF)
    APN R000004491
    UPID US82-6190704
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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