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.
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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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