1201 Occidental Parkway, Midland, TX

Land for Sale - $4,100,738


Agent Info

Beau Tucker
Coldwell Banker Commercial Capital Advisors

Property Info

CIMLS#1147298
Location
  1201 Occidental Parkway
  Midland TX 79705
UpdatedAugust 31st, 2023
TypeLand
Price$4,100,738

Property Description

LOCATION:

Located at the intersection of Highway 349 & Occidental Parkway in Midland, TX.

DESCRIPTION:

This 21-acre Midland multifamily land is now available for development. It offers easy access to Midland’s best restaurants and entertainment along Highway 349 and Loop 250. The site is already zoned with an approved site plan, allowing for the development of 334 units. The immediate area is experiencing rapid growth, with approx. 6,000 new homes being brought to the vicinity. Adjacent to the property, the Lone Star Trails subdivision offers nearly 4 miles of walking trails and multiple pocket parks. Coldwell Banker Commercial is pleased to present this opportunity for multifamily development in the growing north Midland area. All utilities are easily accessible to the site, making it ready for commercial development.

OPTIONS:

20.92 Acres at $4.50 per Sq. Ft.


Financials