225 Corporate Dr Midland, TX 79705-4608
- Commercial land
- 3.82 lot acres
Current Use by Public Records
- SCI Realty / Real Estate Agency
Property Details for 225 Corporate Dr
- Lot size
- 3.82 lot acres
- Property type
- Commercial land
- APN
- R000216620
- APU
- R000216620
Description
This exceptional 3.88-acre commercial lot presents a remarkable development opportunity in Midland, Texas. Located in the desirable Alley Village area, this property boasts a prime corner location near Loop 250 and N. Big Spring St., just minutes from downtown. The site is ideally situated amongst upscale restaurants, shopping, and entertainment venues, with close proximity to Clay Desta Plaza and numerous apartment complexes. Zoned PD by the City of Midland, this versatile lot allows for residential, light commercial, light industrial, or public recreational uses. All city utilities are readily accessible. The asking price is $1,664,428, calculated at approximately $10 per square foot, subject to final survey adjustments. An additional 4 acres is also available for potential expansion, creating a total of approximately 8 acres for a larger-scale development project. The property's APN is R000216620. This is a rare opportunity to acquire a significant parcel in a thriving area with high potential for return on investment. Don't miss this chance to secure a piece of Midland's vibrant commercial landscape.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.082
- Latitude
- 32.0367
- CBSA code
- 33260
- CBSA name
- MIDLAND, TX METROPOLITAN STATISTICAL AREA
