601 Missouri AveMidland, TX 79701

  • Commercial land
  • 0.48 AC

Property Details for 601 Missouri Ave

Lot size
0.48 AC
Property type
Commercial land
APN
R000035543
APU
R000035543

Description

This exceptional 0.48-acre commercial lot presents a prime build-to-suit opportunity in the heart of Midland, Texas' Central Business District. Located at 601 W Missouri Ave, 79701, this property boasts excellent visibility and frontage on Missouri Street. Its CB zoning designation allows for a variety of commercial uses, making it ideal for businesses seeking a high-traffic location. The site's central location within Midland's thriving downtown area provides unparalleled access to a diverse customer base. With over 3.3 million square feet of office space nearby, the property benefits from the proximity to numerous large employers, including major Oil & Gas companies, bank headquarters, school district offices, and churches. This translates to a substantial pool of potential customers for retail establishments, restaurants, or drive-thru businesses. The property's size and location make it particularly well-suited for a drive-thru food service operation, pharmacy, or similar retail chain. This is a rare opportunity to establish a presence in one of Midland's most dynamic and desirable commercial zones. The property is situated in Midland County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,550,638
    Hospitality
    $3,252,365
    Educational
    $2,705,930
    Medical
    $2,798,991
    Retail
    $4,209,224

Location Insight

City
Midland
County
Midland
State
Texas
Latitude
31.996
Longitude
-102.081
CBSA code
33260
CBSA name
MIDLAND, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$629
$42,000
-
$42,000
-
$42,000
-
$42,000

FAQs

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