Loop 250 Land

Vacant Land for Sale
Catylist Listing ID: 30700565
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Gross Land Area: 2.34 Acres
Sale Price: $1,950,000
Unit Price: $833,333 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 9/21/2021

Overview / Comments

This Gateway Plaza Pad Site sits at the Starboard Drive entrance off of Loop 250 in Midland, TX.

This PRIME RETAIL DEVELOPMENT LAND is in the Gateway Plaza which sits in the Tradewinds Blvd Corridor, a rapidly developing region in southwest Midland. Gateway Plaza’s current businesses include Cinergy Cinemas (an 11-plex premier cinema), Hawthorn Suites, Four Points by Sheraton, the Gateway Plaza Apartments, RIG-ID, Cafe Nitro and a two-story office building.

• Property is not in the floodplain.
• Business Interstate 20 has 29,100 vehicles per day
• Loop 250 has 47,442 vehicles per day

Attachments & Media

Additional Details

Nearest MSA: Midland
County: Midland
Tax ID/APN: 375000020070

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,944 34,362 99,101
Median Age: 30.29 32.46 33.63
Households: 1,620 12,450 36,465


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