Prime 4.517 Acres on W Francis Ave
1711 W Francis Ave | Midland, TX 79701
$1,500,000
Sale Price
Property Details
| Sale Price: | $1,500,000 |
| Property Type: | Land |
| Lot Size: | 4.517 Acres |
Property Description
This listing offers a strategically located parcel in Midland, TX with the option to expand. The parcel spans 4.517 acres on the east side of Garfield Street, with 3.11 acres available for sale directly across the street on the west side. Both properties extend south, bordering W Francis Street, providing convenient access from multiple directions. Situated within city limits, these parcels are zoned TP and are not in a flood zone making them ideal for a variety of commercial or industrial uses. The parcels have access to city water and city sewer.
Location Description
Prime 4.517 acres north of I-20 in the heart of Midland, TX. Another 3.11 acres are available directly across S Garfield St. These two tracts are located less than 1 mile from I-20. A new apartment building was just built south of these parcels with the Horseshoe arena also less than 1 mile away. Walmart and many other retail locations are within a 5-minute drive from here.
Highlights
- 4.517 Acres Total
- Close proximity to Walmart & other retailers
- City utilities
- Corner property
- 1 Mile to I-20
- Development opportunity!
Map
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| 1711 Francis Ave Sales Brochure.pdf |
| 0.3 Miles | 0.5 Miles | 1 Miles | |
|---|---|---|---|
| Total households | 98 | 370 | 1,659 |
| Total population | 259 | 1,047 | 5,017 |
| Population white | 32.8% | 34.4% | 36.5% |
| Population black | 17.4% | 12.9% | 9.0% |
| Population hispanic | 68.3% | 70.5% | 73.6% |
| Population asian | 0.0% | 0.7% | 0.7% |
| Population pacific islander | 0.0% | 0.0% | 0.0% |
| Population american indian | 0.4% | 0.9% | 1.2% |
| Population other | 26.3% | 28.6% | 29.1% |
| Persons per household | 2.6 | 2.8 | 3 |
| Average household income | $73,492 | $75,858 | $74,441 |
| Average house value | $213,651 | $210,142 | $204,069 |
| Average age | 32 | 33 | 34 |
| Average age male | 32 | 32 | 33 |
| Average age female | 32 | 33 | 34 |