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Midland, TX Commercial Land
For Sale
$2,068,990

5018 Pimlico Dr, Midland, TX 79707

COMMERCIAL - Midland, TX

Property Size218,018 SF
Lot Size5.01 Acres
Price / SF$9.49
Days on Market337

Property Features for 5018 Pimlico Dr

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Green Hill Terrace
Standard status Active
Size 218,018 SF
Lot size 5.01 Acres

Taxes and HOA fees

Tax Description 5.000, BLK: 002, LOT: 002, ADDN: GREEN HILL TERRACE, 5.0 AC
Tax Annual Amount 1517
Legal Description 5.000, BLK: 002, LOT: 002, ADDN: GREEN HILL TERRACE, 5.0 AC
Listing Agency: NestHaven Properties
Listed By: Daniel Hunt · License #0836455
Added: Sep 5, 2025 Changed: Aug 4 Last Checked: Aug 7 at 8:06PM
MLS# 50085101

Copyright © 2026 Permian Basin 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 commercial land, located in Midland, TX, offers a substantial 5.005 acres of property, equivalent to 218018 square feet. The property is currently zoned for residential use, but the owner is working on zoning for commercial use.

Key Highlights

  • Zoned for Residential
  • Zoning for Commercial is in Progress
  • Location: -102.165596, 32.041565

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Garden Center Kitchen & Bath Showroom Gym & Fitness Center

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

50
Businesses Nearby

Demographics for 79707, TX

37,632
Population
16,654
Households
2.3
Avg Household Size
35
Median Age
41%
College-Educated
91%
High-School Grad
71.0 sq mi
ZIP Area
530
Density / Sq Mi
$99,979
Median Household Income
$58,351
Median Earnings
$1,383
Median Rent
$382,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 5.005 acre commercial land for sale in Midland, TX.
Where is this commercial land located?
The property is located at 5018 Pimlico Dr Midland, TX.
What is the asking price?
The asking price for this property is $2,068,990.
What are key features of this property?
This property features: Zoned for Residential; Zoning for Commercial is in Progress; Location: -102.165596, 32.041565
More about this property
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