6500 Briarwood Ave

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6500 Briarwood Ave

Midland, TX 79707
Asking Price
$700K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel totaling 1.702 acres for sale
  • Located at 6500 Briarwood Ave in Midland Texas
  • Asset is priced at an asking price of $700000
  • Property situated within the active Permian Basin region
  • Well suited for diverse commercial and industrial development projects

What's Special

Midland serves as a central hub for the Permian Basin's energy-driven economy, providing a stable foundation for commercial investment in West Texas. Situated at 6500 Briarwood Ave, this 1.702-acre commercial land parcel benefits from the region's steady growth and industrial activity. The property is positioned to accommodate a variety of commercial projects that require visibility and accessibility within this expansive market. Its size and location make it a practical choice for businesses looking to establish or expand their footprint in the 79707 zip code. Developers and investors may consider several site configurations to suit specific industrial or commercial requirements, leveraging the favorable development climate found throughout the Midland area.

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NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.218
Annual Cash Flow
$38,441.383

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