2503 County Road 123 Midland, TX 79706
This exceptional 33-acre commercial land parcel in Midland, Texas, presents a unique investment opportunity. Located at 2503 W County Rd 123, Midland County, TX 79706 (APN: 00003920.016.1000), this raw land boasts over 2,000 feet of frontage along County Road 123, offering unparalleled visibility and accessibility. Its strategic position, just 1.28 miles south of Interstate 20 and a mere 5 miles from Midland International Airport, ensures exceptional connectivity for businesses. The property is ideally suited for industrial development, surrounded by existing industrial properties and conveniently located near RV parks, providing potential workforce accommodation solutions. The asking price is $825,000. Given the recent surge in industrial development in the immediate vicinity, this site represents a compelling investment for developers seeking a prime location with significant growth potential in a thriving industrial sector. The property's size and location make it an attractive prospect for large-scale industrial projects. This is a rare opportunity to acquire a substantial tract of land in a rapidly expanding area of Midland, Texas.
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
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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.