Price: $11.50 per square foot
Size: 2.3 Acres
Zoning: Commercial
Options: Purchase

Location - This tract sits just behind the Cinergy Cinema on Business I-20 and Loop 250 in Midland, TX. The intersection of these two roads is one of the highest trafficked areas in Midland, TX.

Description - This PRIME HOTEL DEVELOPMENT LAND is in the Gateway Plaza which sits in the Tradewinds Blvd Corridor, a rapidly developing region in southwest Midland. Gateway Plaza’s current businesses include Cinergy Cinemas (an 11-plex premier cinema), Hawthorn Suites, Four Points by Sheraton, the Gateway Plaza Apartments, RIG-ID, Cafe Nitro and a two-story office building.

The 25,000 sq. ft. Gateway Plaza Retail Center will include drive-thru lanes at each end, concealed utility areas and 245 parking spaces. The building is projected to have 5-10 prime tenants.