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225 Corporate Dr - Corporate Place

3.88 Acres of Commercial Land Offered at £1,302,332 in Midland, TX 79705

Investment Highlights

  • Prime Location - Alley Village Area
  • Zoned for Light Commercial, Light Industrial, Residential
  • Near Clay Desta Plaza
  • Corner Lot
  • Accessible City Utilities
  • Next to Available 4 AC Lot

Executive Summary

3.8-acre city lot with the possibility of expanding to approximately 8 acres! Conveniently 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 venues, coffee shops, and entertainment options. Its close proximity to Clay Desta Plaza and various apartment complexes makes it an ideal spot for commercial development. This corner lot is zoned PD, allowing for future development with all city utilities accessible. It falls under the PD District with the City of Midland, which permits residential, light commercial, light industrial, or public recreational uses. Priced at $10 per square foot, with the final sales price subject to adjustment based on the final survey.

Attachments

225 Corporate Dr

Property Facts

Price £1,302,332
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units
  • Bank
  • Bar
  • Convenience Store
  • Fast Food
  • Healthcare
  • Hold For Development
  • Hotel
  • Medical
  • Office Park
  • Religious Facility
  • Restaurant
  • Storefront, Retail or Residential
Total Lot Size 3.88 AC

1 Lot Available

Lot 02B

Price £1,302,332
Price Per AC £335,653
Lot Size 3.88 AC

3.8-acre city lot with the possibility of expanding to approximately 8 acres! Conveniently located near Loop 250, just off N. Big Spring St., and only minutes from downtown Midland.

Description

3.8-acre city lot with the possibility of expanding to approximately 8 acres! Conveniently 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 venues, coffee shops, and entertainment options. Its close proximity to Clay Desta Plaza and various apartment complexes makes it an ideal spot for commercial development.

zoning

Zoning Code O-1 (PD District with the City of Midland permits residential, light commercial, light industrial, or public recreational uses.)
O-1 (PD District with the City of Midland permits residential, light commercial, light industrial, or public recreational uses.)
  • Listing ID: 33381895

  • Date on Market: 02/10/2024

  • Last Updated:

  • Address: 225 Corporate Dr, Midland, TX 79705

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