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    5018 Pimlico Dr Midland, TX 79707

    For Sale
    $2,068,990

    Other Commercial - Midland, TX

    Property size:
    218,018 SF
    Lot size:
    5.01 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 5018 Pimlico Dr

    General Information

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

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Architectural style
    Other

    The Real Estate Ranch LLC (432) 688-8200

    Listing agent Daniel Hunt (432) 688-8200

    Listing date Nov 17, 2025

    MLS# 50085101 Listing URL

    Copyright © 2025 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.

    Overview

    Midland, TX Commercial Land

    This property consists of 5.005 acres of land in Midland, Texas. The property is currently zoned for residential use, and the owner is working on zoning for commercial use. The property has 218018 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Auto Repair Shop Gym & Fitness Kitchen & Bath Accounting Firm Bar & Pub Garden Center Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.1655947
    Latitude
    32.0415648

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    FAQs

    What type of property is this?
    Commercial land - 5.005 acres of land in Midland, Texas.
    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: - Currently zoned residential, working on zoning for commercial.; - Contact agent directly: 512-704-9080.; - No cooling system installed.
    (432) 688-8200
    Request Owner's contact information
    5018 Pimlico Dr Midland, TX 79707
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    Midland, TX 79707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5018 Pimlico Dr Midland, TX 79707
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