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3105 Wright Dr - Midland International Air and Space Port 1.95 Acres of Commercial Land Offered at $944,921 CAD in Midland, TX 79706

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INVESTMENT HIGHLIGHTS

  • Very close to the Midland International Air & Space Port Terminal Building
  • Central location to both Midland and Odessa
  • Curbed frontage on 4 lane Wright Drive
  • Close access to I-20 Business (HWY 80), I-20, FM 1788 and HWY 191

EXECUTIVE SUMMARY

Prime Location at airport, centrally located between Midland and Odessa, Texas, in the heart of the Permian Basin, for a hotel/meeting center/resturant.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes $896 $459.37
Operating Expenses - -
Total Expenses $896 $459.37

FINANCIAL SUMMARY (ACTUAL - 2025)

Taxes (CAD)
Annual $896
Annual Per AC $459.37
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $896
Annual Per AC $459.37

PROPERTY FACTS

Price $944,921 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Auto Repair
  • Cemetery or Mausoleum
  • Community Centre
  • Distribution
  • Fast Food
  • Funeral Home
  • Hotel
  • Police or Fire Station
  • Public Park
  • Radio or Television Transmission Facility
  • Religious Facility
  • Restaurant
  • Self Storage
  • Specialty, Festival or Entertainment
  • Utility Substation
  • Veterinarian or Kennel
  • Warehouse
  • Winery or Vineyard
Total Lot Size 1.95 AC
Zoning TP, Technology Park Dist - See Page 62 in Midland, TX Zoning Guide: https://develop.midlandtexas.gov/DocumentCenter/View/144/Current-Zoning-Code-Ordinance-PDF

1 LOT AVAILABLE

Lot 007, 8A

Price $944,921 CAD
Price Per AC $484,575.01 CAD
Lot Size 1.95 AC

Raw land sale. Both lots to be sold as one contiguous property only. Has existing concrete foundation (unknown condition). Inside City of Midland, TX at the Midland International Air and Space Port. Currently zoned TP, Technology Park Dist.

DESCRIPTION

Property conveniently located to I-20 Business, I-20, FM 1788 and HWY 191. One of the closest available properties to the Midland International Air & Space Port terminal building, not owned by the City of Midland. Located just north of the former KMID TV station building, and adjoins the Midland-Odessa Symphony Building property on the east side. Curbed frontage on Wright Drive(4 lane). Lot is approximately 305 feet deep. Total property acreage approximately 2.023 (per Midland Central Appraisal District). Large existing concrete foundation on part of property, of unknown age or condition. Agent is 50% stockholder in XANA Corporation, which owns the property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R000026-908
  • R000106-082
Land Assessment
$61,800 CAD
Improvements Assessment
$0 CAD
Total Assessment
$61,800 CAD
Annual Taxes
$896 CAD
Tax Year
2025
  • Listing ID: 14624802

  • Date on Market: 2018-12-12

  • Last Updated:

  • Address: 3105 Wright Dr, Midland, TX 79706

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