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Highlights

  • 0.58 ± AC Developable Land with existing 1,500 ± SF structure (built 1950)
  • Part of 7 contiguous parcels (~1.86 ± AC total) suitable for hotel or large-scale development
  • Surrounded by retail, hospitality, multifamily, and commercial developments
  • Zoned Regional Retail (RR) supporting a variety of commercial uses
  • Prime location at Rankin Hwy & I-20 with high visibility and strong traffic exposure
  • Located along the rapidly growing I-20 corridor, just 0.6 miles from the Permian Basin Petroleum Museum

LOT Available

Display Rental Rate as

Rental Rate
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
Lease Term Negotiable
Lot Size 0.58 AC

2406 Connell Street offers a highly visible development opportunity along Midland’s active I-20 corridor, near the intersection of Rankin Highway and Interstate 20. The site is surrounded by hotels, multifamily communities, restaurants, retailers, and commercial services, creating a strong setting for users seeking visibility, access, and built-in demand.

The property includes 0.58 +/- acres with an existing 1,500 +/- SF structure and is part of a larger 7-parcel area totaling approximately 1.86 +/- acres. With potential assemblage upside and rezoning opportunity, the site may be well-suited for a restaurant, franchise, pad site, hospitality, or future commercial redevelopment use.

Property Overview

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

Total Space Available 0.58 AC
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Apartment Units
  • Hotel
  • Motel
  • Restaurant
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 36505355

  • Date on Market: 2026-06-04

  • Last Updated:

  • Address: 2406 Connell St, Midland, TX 79701

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