Listing Agency: NRG Realty Group, LLC Show Phone

Listed By: Justin Dodd · License #9004023 Show Phone

Added: Feb 10 Changed: Jun 5 Last Checked: Aug 26 at 9:06AM

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MLS# 50090753

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.

Located on Lamesa Rd in Midland, TX, this property consists of two lots totaling 0.28 acres. The lots are situated within Midland city limits and are currently zoned for multifamily development. The sites are rectangular, with approximate dimensions of 55 feet by 110 feet. The area is currently undeveloped and presents the potential for rezoning to accommodate other uses.

Key Highlights

• Located within Midland city limits
• Zoned for multifamily development
• Potential for rezoning for other uses

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Gym & Fitness Center Pharmacy (Bike/Boat/Book/etc) Store Skin Care Clinic Veterinary Clinic

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

448

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 residential land & home lots 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?

Residential land & home lot - 0.28 acre lot zoned for multifamily development in Midland.

Where is this residential land & home lot located?

The property is located at 803 S Lamesa Rd Midland, TX.

What is the asking price?

The asking price for this property is $90,000.

What are key features of this property?

This property features: Located within Midland city limits; Zoned for multifamily development; Potential for rezoning for other uses