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Mockingbird Lane At North Garfield Street
Midland, TX 79705
Northwest Corner of Garfield and Mockingbird · Land For Sale · 12.03 AC

INVESTMENT HIGHLIGHTS

  • Convenient access Loop 250.
  • High-end home prices for neighborhood submarket over $1M.
  • Nearby 3200 Bromley Place, class "A" multi-family apartments (300 units).
  • Between Midland Country Club and Green Tree Country Club.
  • Nearby retail at Midland Park Mall, The Commons at North Park, Colonnade at Polo Park.
  • Close proximity to Midland Polo Club, Midland Classical Academy, Midland Bible Church.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Total Lot Size 12.03 AC
Zoning Commercial + Residential

DESCRIPTION

Land for sale. Permian Basin, epicenter of shale fracking boom. Prime development site on desirable growing north side of Midland for sale by owner. The north side of Midland benefits from affluent demographics, and is anchored by two private golf courses, Midland Country Club and Green Tree Country Club. The site has rarely available multi-use zoning, both commercial and residential, and is ideally situated to offer the creative developer a unique live-work-play development opportunity. Generally referred to as NW corner of Mockingbird Lane & North Garfield Street. Identified by marker on aerial photo. No street address by post office. City of Midland Property ID: R000207206. As per city of Midland info: Acres 14.618, SEC: 9 SE/4, SURV: H P HILLIARD, BLK: X. Lot size to be verified. Mostly level land. Paved street frontage approx. 690 linear feet on Mockingbird Lane. Nearby utilities. As per zoning map in listing photos, the bulk of the parcel with frontage on Mockingbird Lane appears to be zoned PDSC, and occupies approx. 9 acres, potentially supporting wide array of diverse commercial uses. The smaller remainder portion of the parcel on the back side appears to be zoned SF1, or residential. A PD, Planned Development District may be used to permit new or innovative concepts in land utilization or diversification that could not be achieved under conventional zoning approaches. Any combination of residential, commercial, light industrial, public or recreational uses as approved by the City Council may be permitted. The north side of Mockingbird Lane has become increasingly open to suburban development. Potential add value change of use opportunity, such as more dense residential multi-family apartments, low-rise office campus, retail, mixed-use, or other new use as permitted by the city. Uses that already appear supported on north side of Mockingbird Lane: multi-family apartments (16 units per acre or 300 units), office, retail, church / religious, assisted living / senior care facility (95 beds), school, recreation / sports, equestrian. Property is not priced, call to discuss. Written purchase contract or letter of intent format. Buyer responsible for due diligence to verify SqFt, development potential, or other property aspects. Seller will consider escrow period extensions to provide qualified buyers with sufficient time frames to receive approvals from the city before close of sale. Buyer agents encouraged to secure commission fee from buyer.

  • Listing ID: 15883418

  • Date on Market: 4/26/2019

  • Last Updated:

  • Address: Mockingbird Lane At North Garfield Street, Midland, TX 79705

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