FLORIDA AVE & LAMESA RD MIDLAND TX 79701
Three Contiguous Lots at Florida & Cloverdale | Multifamily Zoning with Future Development Potential
Marketing description
Development opportunity at the intersection of Florida Avenue and Cloverdale Road in Midland, Texas.
This offering consists of three contiguous vacant lots totaling approximately 16,995 square feet (0.39 acres). The property is currently zoned for multifamily development and is strategically positioned at a signalized intersection surrounded by established residential neighborhoods and existing commercial users.
The site offers flexibility for investors, developers, and owner-users seeking a location with strong visibility and future redevelopment potential. Several nearby corners of the intersection are already improved with commercial uses, supporting the possibility of future zoning or land use changes, subject to municipal approval.
An additional opportunity exists to combine these lots with two adjacent lots currently being marketed separately, creating a potential five-lot assemblage totaling approximately 28,325 square feet (0.65 acres). The larger footprint could support a broader range of development concepts, including retail, office, professional services, multifamily, or mixed-use projects. Buyer to independently verify zoning, permitted uses, utilities, and development requirements.
Investment highlights
Three contiguous development lots totaling approximately 16,995 SF (0.39 Acres)
Located at the highly visible intersection of Florida Avenue and Cloverdale Road
Existing multifamily zoning
Potential future commercial or retail redevelopment opportunity (buyer to verify zoning and permitted uses)
Opportunity to acquire adjacent lots and create a larger assemblage of approximately 28,325 SF (0.65 Acres)
Surrounded by established commercial development at neighboring corners
Strong frontage and visibility
Utilities available in the area (buyer to verify capacity and connection requirements)
Suitable for multifamily, office, neighborhood retail, professional services, or mixed-use redevelopment
Midland growth corridor with established residential and commercial density
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
