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205 Corporate Dr
Midland, TX 79705

Land For Sale · 4.00 AC

Investment Highlights

  • Prime Location - Alley Village Area
  • Accessible City Utilities
  • Next to Available 3.88 AC Corner Lot
  • Light Commercial, Light Industrial, Residential
  • Near Clay Desta Plaza

Executive Summary

4 AC city lot with the possibility of expanding to approximately 8 AC! Located near Loop 250, just off N. Big Spring St., and only minutes from downtown Midland. This property is in the Alley Village area, surrounded by popular upscale restaurants, shopping, coffee shops, and entertainment options. Its close proximity to Clay Desta Plaza and several apartment complexes makes it an ideal location for commercial development. This corner lot is zoned PD, allowing for future development with all city utilities accessible. Zoned as a PD District with the City of Midland, it has potential for residential, light commercial, light industrial, or public recreational use. Priced at $10 per square foot, with the final sales price to be adjusted based on the final survey.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Office
  • Hospitality
  • Apartment Units
  • Hotel
Total Lot Size 4.00 AC

1 Lot Available

Lot 02A

Price $1,724,105
Price Per AC $431,026
Lot Size 4.00 AC

4 AC city lot with the possibility of expanding to approximately 8 AC! Located near Loop 250, just off N. Big Spring St., and only minutes from downtown Midland.

Description

his property is in the Alley Village area, surrounded by popular upscale restaurants, shopping, coffee shops, and entertainment options. Its close proximity to Clay Desta Plaza and several apartment complexes makes it an ideal location for commercial development.

zoning

Zoning Code O-1 (PD District with the City of Midland, it has potential for residential, light commercial, light industrial, or public recreational use.)
O-1 (PD District with the City of Midland, it has potential for residential, light commercial, light industrial, or public recreational use.)
  • Listing ID: 33382514

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 205 Corporate Dr, Midland, TX 79705

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