Property profile

4905 Andrews Hwy Midland, TX 79703

OFF-MARKET
Mixed-use properties
Property ID
US82-2729520
12 ac lot
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Property summary

AI-generated overview

This exceptional 12-acre vacant tract of land presents a compelling investment opportunity in Midland, Texas. Located at 4905 Andrews Hwy, in Midland County, zip code 79703 (31.997618, -102.146321), this property offers significant potential for redevelopment. The site is currently zoned for industrial use, making it ideal for a variety of commercial ventures. The property's substantial size provides ample space for large-scale projects, offering flexibility in design and development. Its location in the thriving city of Midland, within the Ortloff Addition, ensures excellent access to transportation networks and a robust local economy. This mixed-use, vacant land parcel represents a rare chance to acquire a prime piece of real estate in a dynamic market. The high and best use is redevelopment, allowing for a wide range of possibilities to suit diverse business needs. Serious investors will recognize the significant upside potential inherent in this strategically located property. The property's size and zoning make it an attractive option for developers seeking to capitalize on the growing demand for commercial space in Midland. This is a unique opportunity to acquire a substantial land parcel in a prime location with significant potential for future growth and profitability. Further due diligence is encouraged to fully explore the development possibilities.

Property profile

Verified
Property type Mixed-use properties
Lot 12 ac (522,720 SF)
UPID US82-2729520

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4905 Andrews Hwy Midland, TX 79703
Midland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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