4010 County Road 1130, Midland, TX 79705
This exceptional 4-acre property in Midland, Texas, presents a prime redevelopment opportunity. Located at 4010 N County Rd 1130, this vacant lot boasts 4,082 square feet of existing building space spread across four, single-story structures built in 1970 and 1994. Currently zoned as County - not zoned, the property offers significant flexibility for various commercial or religious uses. The asking price is $169,000, translating to $41.40 per square foot. The property includes two former church buildings, previously utilized as worship centers and office spaces, providing a solid foundation for renovation or new construction. Buyers should note that the property is sold "as-is," with no repairs provided by the seller. Existing structures have less than 20" ceilings. Utilities are not currently connected. The property features one gas pump, but the condition and functionality of the septic system and water well are unknown. Back porches are considered unsafe. Title work has been initiated by Lone Star Abstract, and closing must occur at LSAT. This is an ideal investment for those seeking a blank canvas for their next venture. The property is located outside city limits and offers significant potential for a variety of uses. The property is vacant and ready for immediate development, with an occupancy date of October 29, 2024.
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New Harvest Fellowship Church Church
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.