1324 Loess St

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1324 Loess St

Midland, TX 79705
Asking Price
$85K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning 0.126 acres available for development
  • Asset is situated at 1324 Loess St in Midland, Texas
  • Listing price for this commercial site is set at $85,000
  • Property location is convenient to regional Permian Basin energy operations
  • Land allows for diverse commercial building and service use applications

What's Special

Development of this 0.126-acre commercial parcel in Midland, Texas, provides a strategic foothold in one of the Permian Basin's primary economic hubs. The site at 1324 Loess St is positioned within a region defined by its significant energy sector activity and steady demand for local infrastructure. Given its commercial zoning and size, the property is suitable for small-scale office construction, specialized retail storefronts, or professional service facilities designed to support the local workforce. Investors seeking to capitalize on the growth of the 79705 zip code will find this land useful for projects that require a compact, functional footprint in a well-established market area. The surrounding landscape features a mix of existing business operations, offering a straightforward environment for new site improvements and site access.

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NOI
$80,000
Cap Rate
94.12%
DSCR
15.85
Strong
Cash-on-Cash
293.94%
Monthly Payment
$420.534
Annual Cash Flow
$74,953.597

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