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2406 Connell St - .58 AC of Developable Land 0.57 Acres of Commercial Land Offered at $850,000 in Midland, TX 79701
INVESTMENT HIGHLIGHTS
- Zoned: Residential | Possibility to Rezone
- I-20 Corridor is Rapidly Developing, Creating an Incredible Investment or Development Opportunity
- Near to Major Hotels, Amenities, and Just 0.6 Miles from the Permian Basin Petroleum Museum, a Major Tourist Attraction & Educational Destination
- Surrounded by Commercial, Retail, Hospitality & Multifamily Properties
- High-Visibility Location at the Intersection of Rankin Hwy & Interstate 20 (One of the Most Trafficked Corridors in Midland with 24/7 Exposure)
EXECUTIVE SUMMARY
0.58 +/- AC of Developable Land
(1) Existing Structure Standing Built in 1950 Totaling 1,500 +/- SF (According to Appraisal District)
Zoned: Residential | Possibility to Rezone
Listing is 1 of 7 Contiguous Parcels Totaling Approximately 1.86 +/- AC | AC Meet Typical Requirements for Hotel Development with Ample Room for Parking
Surrounded by Commercial, Retail, Hospitality & Multifamily Properties
I-20 Corridor is Rapidly Developing, Creating an Incredible Investment or Development Opportunity
Parcel ID: R000028740
High-Visibility Location at the Intersection of Rankin Hwy & Interstate 20 (One of the Most Trafficked Corridors in Midland with 24/7 Exposure)
Near to Major Hotels, Amenities, and Just 0.6 Miles from the Permian Basin Petroleum Museum, a Major Tourist Attraction & Educational Destination
(1) Existing Structure Standing Built in 1950 Totaling 1,500 +/- SF (According to Appraisal District)
Zoned: Residential | Possibility to Rezone
Listing is 1 of 7 Contiguous Parcels Totaling Approximately 1.86 +/- AC | AC Meet Typical Requirements for Hotel Development with Ample Room for Parking
Surrounded by Commercial, Retail, Hospitality & Multifamily Properties
I-20 Corridor is Rapidly Developing, Creating an Incredible Investment or Development Opportunity
Parcel ID: R000028740
High-Visibility Location at the Intersection of Rankin Hwy & Interstate 20 (One of the Most Trafficked Corridors in Midland with 24/7 Exposure)
Near to Major Hotels, Amenities, and Just 0.6 Miles from the Permian Basin Petroleum Museum, a Major Tourist Attraction & Educational Destination
PROPERTY FACTS
| Price | $850,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.58 AC |
| Property Type | Land | ||
| Zoning | R - Residential - Possibility to Rezone | ||
| Price | $850,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.58 AC |
| Zoning | R - Residential - Possibility to Rezone |
1 LOT AVAILABLE
Lot
| Price | $850,000 | Lot Size | 0.57 AC |
| Price Per AC | $1,491,228.07 |
| Price | $850,000 |
| Price Per AC | $1,491,228.07 |
| Lot Size | 0.57 AC |
Great Investment Opportunity with Prime Centralized Location
DESCRIPTION
High-Visibility Location at the Intersection of Rankin Hwy & Interstate 20 (One of the Most Trafficked Corridors in Midland with 24/7 Exposure) – Near to Major Hotels, Amenities, and Just 0.6 Miles from the Permian Basin Petroleum Museum, a Major Tourist Attraction & Educational Destination
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2406 Connell St - .58 AC of Developable Land
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