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1900 Beal Pkwy Midland, TX 79703

Commercial land Google Maps
2.19 ac lot
Individually Owned Absentee Owner Free & Clear
1900 Beal Pkwy, Midland, TX 79703 For Sale
Contact for pricing
1900 Beal Pkwy, Midland, TX 79703
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Estimated value (blended)
$265k
Range $239k – $292k (±10%)
Property ID US83-0367214

Property summary

AI-generated overview

This exceptional 3.94-acre commercial land parcel in Midland, Texas, presents a unique investment opportunity. Located at 1900 Beal Parkway, the property boasts convenient access to major thoroughfares including Wall Street, Business 20, and Loop 250. Its strategic location offers high visibility and easy accessibility for businesses. The land is zoned PD, providing flexibility for a variety of commercial developments. The property's proximity to Beal Park is another key advantage. This well-maintained park features numerous athletic fields (baseball, basketball, soccer, cricket), an in-ground skateboard park, dog parks, and a duck pond with fishing opportunities, all within walking distance. While the property itself doesn't offer a direct view of the park's parking areas, its close proximity enhances its appeal. Midland International Airport is conveniently located just 6 miles away. The land is priced at $1,116,421, with a land value of $6.50 per square foot. This represents a compelling opportunity to acquire a significant commercial property in a thriving Texas market. The property's size, location, and zoning make it suitable for a wide range of commercial ventures. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.19 ac (95,396 SF)
APN R000214134
UPID US83-0367214

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center Sports Field & Court

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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