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Property profile & analytics
OFF-MARKET
Commercial real estate

2503 County Road 123 Midland, TX 79706

33 ac lot
Property ID
US82-3375452
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 33 ac (1,437,480 SF)
APN 00003920.016.1000
UPID US82-3375452
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
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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