4.1 Acres on Loop 250W

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30567675
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Status: Pending/Contingent
Gross Land Area: 4.10 Acres
Sale Price: $995,000
Unit Price: $242,682 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/5/2021

Overview / Comments

4.1 Acres on S Loop 250. Zoned O2. Neighbored by apartment complexes, single family and multi family property as well as the Ashton Medical Lodge. Cleared and ready for development. City utilities on site and power overhead. Existing survey and plat available. Several options for use. Seller looking at all offers.

Additional Details

Nearest MSA: Midland
County: Midland
Taxing Authority: MIDCAD
Tax ID/APN: 888701680120
Zoning: O2
Property Located Between: Business 20 and Hwy 191
Property Visibility: Excellent
Legal Description: Lots 1 thru 28 and Lot 29 less the east 32', Block 168, Wilshire Park, Section 11
Largest Nearby Street: Loop 250W
Feet of Frontage: 380
Highway Access: Business 20 to the south and Hwy 191 is 1 exit north
Airports: MAF is west 10 miles
Site Description: Cleared and ready for development. City utilities are on the west side of the parcel.
Area Description: Surrounded by multi family, single family, and some hotels
Lot Frontage: 380 feet
Lot Depth: 440 feet
Zoning Description: Intended for moderate or high intensity office and professional uses (Includes residential and many retail uses)
Topography: Level
Easements: Other
Easements Description: Set backs from streets
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,888 50,596 108,322
Median Age: 30.12 34.31 33.91
Households: 2,595 18,728 40,583


Photograph of Listing Agent

Cameron Willmann

Keller Williams Realty Midland
West Texas CIE Member
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