5306 Mockingbird Ln, Midland, TX 79707
For Sale
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This exceptional 3.3-acre commercial land parcel presents a remarkable development opportunity in the thriving North Midland area. Ideally situated on Mockingbird Lane (530 feet of frontage) and Holiday Hill Road (350 feet of frontage), this property boasts Regional Retail (RR) zoning, allowing for a diverse range of development possibilities. The site offers convenient access to city water and sewer lines, eliminating significant infrastructure hurdles. Mockingbird Lane is currently undergoing a city-led improvement project, expanding to three lanes with a turning lane, creating high visibility and excellent ingress/egress. The surrounding area is experiencing significant growth, featuring established luxury residential communities like The Vineyards, prominent office buildings, and apartment complexes. Proximity to key businesses such as XTO Energy and SM Energy headquarters, along with local schools and fire stations, further enhances the property's appeal. A site plan is available for office and mixed-use development, making this an ideal location for a build-to-suit project or a long-term ground lease. The asking price for this exceptional property is $1,770,000. This is a rare opportunity to capitalize on the explosive growth in North Midland.
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
Similar Nearby for Sale
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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.