Property profile

5306 Mockingbird Ln Midland, TX 79707

FOR LEASE
Other land
Property ID
US82-7296621
3.3 ac lot
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Property summary

AI-generated overview

The property is a 3.3-acre commercial land parcel with frontage on Mockingbird Lane and zoning designated for regional retail use. It is positioned with major ingress and egress frontage and is located near The Vineyards, a luxury home development. City water service and city sewer access are available at the site. Mockingbird Lane is scheduled for paving and extension by the City of Midland. A site plan has been prepared to support an office and mixed-use development, and the parcel is suitable for build-to-suit development or a long-term ground lease configuration.

Property profile

Verified
Property type Other land
Lot 3.3 ac (143,748 SF)
UPID US82-7296621

Cap rate & NOI

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

Location

5306 Mockingbird Ln Midland, TX 79707
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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