2406 Connell St Midland, TX 79705
For Sale
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This exceptional 0.574-acre commercial land parcel presents a compelling investment opportunity in the thriving city of Midland, Texas. Located at 2406 Connell Street, this property boasts a strategic position near the intersection of Interstate 20 and Big Spring Avenue, ensuring high visibility and accessibility. The asking price is $1,100,000, translating to a land value of $1,358.02 per square foot. The property's advantageous location offers significant potential for various commercial developments. Aerial views highly recommended to fully appreciate the property's size and surroundings. The lot's APN is R000028740. This is a rare opportunity to acquire a substantial piece of commercial real estate in a rapidly growing area. Adjacent lots may also be available for purchase, providing the potential to acquire an entire city block. This property is ideal for investors seeking a prime location with significant development potential in a dynamic Texas market. Serious inquiries are encouraged.
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.