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5211 Preston Dr - 5211 Preston Lot • Terrain commercial • 4 Acres • 3 453 000 $ CAD • Midland, TX 79707
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Faits saillants de l'investissement
- HEAVY TRAFFIC
- GREAT LOCATION
Résumé de l'annonce
Positioned in one of Midland’s most strategic and rapidly growing corridors, this property offers a rare combination of access, visibility, and proximity to major traffic drivers.
Located between Highway 191 and Wadley Avenue, and benefiting from easement access to Loop 250, this site sits in the heart of Midland’s primary commercial and commuter flow.
Location Highlights
Direct connectivity to Loop 250, Midland’s major loop system that serves as a primary bypass for the city and connects key retail, residential, and industrial areas
Immediate access to Highway 191, the main east-west corridor linking Midland and Odessa—one of the busiest commuter routes in the Permian Basin
Positioned between Wadley Ave and Hwy 191, placing the property in a high-growth northwest Midland corridor surrounded by ongoing residential and retail expansion
Traffic & Exposure
Loop 250 corridor traffic counts: ~52,000 – 58,500 vehicles per day (AADT)
Nearby TX-191 traffic: ~42,000+ vehicles per day
Loop 250 (area average): ~53,000+ vehicles per day
Faits sur la propriété
| Prix | 3 453 000 $ CAD | Sous-type de propriété | Terrain commercial |
| Type de vente | Propriétaire utilisateur | Utilisation proposée | |
| Nombre de lots | 1 | Taille totale du lot | 4,00 AC |
| Type de propriété | Terrain |
| Prix | 3 453 000 $ CAD |
| Type de vente | Propriétaire utilisateur |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | |
| Taille totale du lot | 4,00 AC |
1 Lot disponible
Lot
| Prix | 3 453 000 $ CAD | Taille du lot | 4,00 AC |
| Prix par AC | 863 249,97 $ CAD |
| Prix | 3 453 000 $ CAD |
| Prix par AC | 863 249,97 $ CAD |
| Taille du lot | 4,00 AC |
4 acres in prime location ready to be developed. Easement from Loop 250 and Preston
Description
Surrounding Growth & Retail Strength Located near Midland’s primary retail concentration along Loop 250 & Hwy 191, an area known for: Major national retailers Regional shopping centers Dense residential growth The Loop 250 / Hwy 191 intersection is widely recognized as a premier retail hub with some of the strongest traffic counts in the city Area demographics support development with: ~96,000+ population within 5 miles High household incomes exceeding $100K+ in nearby trade areas Property Advantages Easement access from Loop 250 and Preston Ave Excellent ingress/egress flexibility Strong traffic exposure and visibility potential Ideal for: Commercial development Investment hold Service, retail, or mixed-use This property offers investors and developers the opportunity to secure land in a high-demand corridor where traffic, rooftops, and retail converge. With over 50,000+ vehicles per day nearby and direct access to Midland’s primary loop system, the site is well-positioned for long-term appreciation and strong future development potential.
Présenté par
5211 Preston Dr - 5211 Preston
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