Midland Independent School District Ionwave #RFP # 26-143

Midland ISD Real Estate Sale: 65.51 Acres Near Cholla Road, Midland County, TX

Midland Independent School District (Midland ISD) is offering a real estate sale opportunity for district-owned land in Midland County, Texas. - Buyer: Midland Independent School District (Midland ISD) - Property details: - Total of approximately 65.51 acres near Cholla Road and Amara Road (South County Road 1235) - Offered as a single transaction or as two separate tracts: - Tract A: 36.81 acres (appraised at $3,590,000) - Tract B: 28.70 acres (appraised at $2,730,000) - Combined appraised value: $6,320,000 - Proposers may submit offers for the entire property, individual tracts, or any combination - Sale requirements: - Proof of funds or financing required with proposal - Earnest money deposit of at least 5% of purchase price due within 5 business days of award notice - Closing must occur within 30 calendar days of Board approval - Property sold as-is; district retains all mineral rights - Sale subject to approval by Midland ISD Board of Trustees and Texas Education Code 11.154 - No OEMs or commercial vendors are specified, as this is a real estate transaction - Unique requirements: - Mineral rights are reserved by the district - Proposals must include completed vendor forms, W-9, conflict of interest questionnaire, Form 1295 - Property can be purchased as a whole or in parts

Description

Midland Independent School District is soliciting sealed proposals for the purchase of District-owned real property located near Cholla Road and Amara Rd in Midland County, Texas. The property consists of approximately 65.51 combined acres offered for sale as a single transaction or as separate tracts. Proposals may be submitted for the entire property, individual tracts, or any combination thereof. The District reserves the right to accept or reject any proposals and the sale is subject to approval by the Midland ISD Board of Trustees.

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