Listing Agency: Black Orchid Real Estate, LLC Show Phone

Listed By: Leo Salcido · License #0603525 Show Phone

Added: Mar 24 Changed: Aug 20 Last Checked: Aug 24 at 9:06AM

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MLS# 173403

Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.321-acre corner lot is located in Midland, Texas, and is ready for new business development. The property is situated close to downtown and offers accessibility to Highway 80.

Key Highlights

• Corner Lot Advantage
• Ready for New Business
• Close to Downtown

Property Analytics

Property Profile

Current Use

Coleman Robert B Law Firm

Suggested Use

Top Pick Dental Office Pharmacy Big Box & Wholesale Store Gym & Fitness Center Skin Care Clinic Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,027

Businesses Nearby

Explore this area Business Placement

Demographics for 79701, TX

29,748

Population

11,393

Households

2.6

Avg Household Size

33

Median Age

19%

College-Educated

73%

High-School Grad

12.1 sq mi

ZIP Area

2,459

Density / Sq Mi

$57,679

Median Household Income

$36,213

Median Earnings

$1,336

Median Rent

$204,000

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Corner lot near downtown, accessible to Highway 80.

Where is this commercial land located?

The property is located at 501 Texas Ave Midland, TX.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Corner Lot Advantage; Ready for New Business; Close to Downtown