2 acres on E I-20 and Terrell
Vacant Land
for Sale
| Catylist Listing ID: |
30567627 |
| Property Subtypes: |
Hospitality, Multi-Family, Retail, Retail-Pad, Other
|
| Gross Land Area: |
2.01 Acres
|
| Sale Price: |
$525,000 |
| Unit Price: |
$261,194 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/14/2021 |
Overview / Comments
|
High visibility corner lot on Interstate 20 and Terrell. Zoned I-20 Business park. Cleared and ready for development. Next to a retail center and in the thick of a growing hotel and retail area. Mock site plan available for review. Would make a great spot for a hotel or a bevy of other uses. Seller is looking at all offers.
|
Additional Details
| Nearest MSA: |
Midland |
| County: |
Midland |
| Taxing Authority: |
MIDCAD |
| Tax ID/APN: |
039200021100 |
| Zoning: |
I-20 BUSINESS PARK |
| Property Located Between: |
Midland and Stanton |
| Property Visibility: |
Excellent |
| Legal Description: |
Legal: Acres: 2.008, S/2, SEC: 2, BLK: 39-T2S |
| Largest Nearby Street: |
Ineterstate 20 |
| Feet of Frontage: |
187 |
| Highway Access: |
North Service Road of I-20 |
| Airports: |
MAF west 12 miles |
| Site Description: |
Cleared and ready for development. City utilities on the east side of the property |
| Area Description: |
Just east of Wal Mart. Retail, hotel, and multi Family in the immediate vicinity |
| Lot Frontage: |
187 feet |
| Lot Depth: |
465 Feet |
| Zoning Description: |
Multiple use district designed to encourage development along the I-20 Corridor |
| Topography: |
Level |
| Easements: |
Pipelines |
| Easements Description: |
Pipelines. Survey uploaded |
| Available Utilities: |
Electric, Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,483 |
37,052 |
100,250 |
| Median Age: |
29.55 |
32.42 |
33.25 |
| Households: |
2,228 |
12,654 |
36,971 |
|
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