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1707 W Francis Ave - 4.95 Acres For Sale 4.95 Acres of Industrial Land Offered at $715,000 in Midland, TX 79701
Investment Highlights
- Shop: 4,660 | Residence: 2,180 SF
- 460' Frontage on Francis Ave
- Not in a Floodway or Floodplain
- Zoning: Technology Park District
Executive Summary
This 4.950-acre commercial flat land property presents a redevelopment opportunity. The site includes two existing structures totaling approximately 6,840 square feet. Building One is a 2,180-square-foot single-family residential home, and Building Two consists of 4,660 square feet of industrial shop space. With level topography and existing improvements, the property offers flexibility for a variety of uses. The site is well-suited for redevelopment, with strong potential for rezoning to multifamily.
This property is located on W. Francis Avenue in south Midland, less than one mile from Interstate 20. The site offers convenient and efficient access to I-20 via S. Garfield Street and Cotton Flat Road, providing strong connectivity to the greater Midland area and surrounding markets. The immediate area includes established multifamily communities and retail businesses to the east, supporting steady traffic flow and ongoing growth in the corridor.
This property is located on W. Francis Avenue in south Midland, less than one mile from Interstate 20. The site offers convenient and efficient access to I-20 via S. Garfield Street and Cotton Flat Road, providing strong connectivity to the greater Midland area and surrounding markets. The immediate area includes established multifamily communities and retail businesses to the east, supporting steady traffic flow and ongoing growth in the corridor.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $715,000 | Property Subtype | Industrial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.95 AC |
| Property Type | Land | ||
| Zoning | Technology Park District | ||
| Price | $715,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 4.95 AC |
| Zoning | Technology Park District |
1 Lot Available
Lot
| Price | $715,000 | Lot Size | 4.95 AC |
| Price Per AC | $144,444.44 |
| Price | $715,000 |
| Price Per AC | $144,444.44 |
| Lot Size | 4.95 AC |
This 4.950-acre commercial flat land property presents a redevelopment opportunity. The site includes two existing structures totaling approximately 6,840 square feet.
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Property Taxes
| Parcel Number | 00079350.007.0060 | Improvements Assessment | $123,460 (2025) |
| Land Assessment | $74,250 (2025) | Total Assessment | $197,710 (2025) |
Property Taxes
Parcel Number
00079350.007.0060
Land Assessment
$74,250 (2025)
Improvements Assessment
$123,460 (2025)
Total Assessment
$197,710 (2025)
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1707 W Francis Ave - 4.95 Acres For Sale
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