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    5308 Loop E, Unit 250N Midland, TX 79705

    For Sale
    $1,250,000

    COMMERCIAL - Midland, TX

    Property size:
    1,416 SF
    Lot size:
    2.50 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 10 at 8:06 pm

    Property Features for 5308 Loop E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R000002664
    Fencing
    Fenced
    Accessibility
    Accessible Approach with Ramp
    Size
    1,416 SF
    Lot size
    2.50 Acres

    Utilities

    Sewer type
    Private Sewer
    Water source
    Well

    Building Details

    Year built
    1940
    Building materials
    Vinyl Siding
    Roof type
    Composition

    PINE AND BECKETT, REALTORS (432) 686-7000

    Listing agent Lorane Harrell (432) 686-7000

    Listing date Sep 22, 2025

    Copyright © 2025 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.

    Overview

    2.5 Acres on Loop 250

    This 2.5-acre commercial property is located off Loop 250 N in Midland, TX. The improvements include an updated 1,416 square foot home with 3 bedrooms and 1 bathroom, along with one active RV space that is currently leased. The property also features three water wells and two septic systems. A 2,211 square foot building, constructed in 2024, is present on the premises. This building could be converted into offices or used as a venue/event center. It includes ample parking, his/hers bathrooms, a large storage area, and a room suitable for a small kitchen or dressing room. The building is handicap accessible. Potential uses for the property include oil field services, an RV park, or a church.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.0042586
    Latitude
    32.0466855

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    FAQs

    What type of property is this?
    Commercial land - 2.5 acres with home, RV space, and event building.
    Where is this commercial land located?
    The property is located at 5308 Loop E, Unit 250N Midland, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - 2. 5 Acres Super Location off Loop 250 N; - 2024 Built 2211 Sq Ft Building, convertible to offices or venue; - Updated 1416 sq ft 3 Bed, 1 Bath Home
    (432) 686-7000
    Request Owner's contact information
    5308 Loop E, Unit 250N Midland, TX 79705
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    Midland, TX 79705
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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
    5308 Loop E, Unit 250N Midland, TX 79705
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