5211 Preston Dr - Commercial LAND FOR SALE


Midland, TX 79707 174,240 SF
$2,500,000 USD
432-967-3156
5211 Preston Dr, Midland, TX for Sale
$2,500,000 USD
Commercial LAND - FOR SALE
1/5
174,240 SF

5211 Preston Dr
Midland, TX 79707


HIGHLIGHTS

  • HEAVY TRAFFIC
  • GREAT LOCATION

OVERVIEW

Land for Sale – 5211 Preston Ave, Midland, TX 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

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/ACRE

$625,000/AC

PRICE/SF

$14 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

5211 Preston

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Office, Mixed Use, Multi-Family, Fast Food, Medical, Office Park, Restaurant, Retail Warehouse, Self-Storage, Strip Center

LAND ACRES

4 AC

LAND SF

174,240 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joshua MimsLMB Real Estate GroupMore Info
432-967-3156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Joshua MimsLMB Real Estate GroupMore Info
432-967-3156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.