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    Midland Dr Midland, TX 79703

    For Sale
    $425,000

    COMMERCIAL - Midland, TX

    Property size:
    19,471 SF
    Lot size:
    0.45 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 12 at 5:06 am

    Property Features for Midland Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    00047030.002.0015
    Size
    19,471 SF
    Lot size
    0.45 Acres

    The Real Estate Ranch LLC (432) 688-8200

    Listing agent Thomas Johnston (432) 688-8200

    Listing date Sep 2, 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

    Prime Corner Lot in Midland

    This vacant 0.447-acre corner lot is located across from Alamo Jr. High and the City Water Park in Midland, Texas. The property is currently zoned O1, which permits office, retail, senior living, duplexes, and indoor dining or coffee shop uses. A shared retention pond easement is available. The location may be suitable for rezoning to allow for drive-thru coffee, ice cream, or restaurant businesses. The property's size is 19471 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.1350282
    Latitude
    31.99501174

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    FAQs

    What type of property is this?
    Commercial land - Vacant 0.447-acre corner lot near Alamo Jr. High.
    Where is this commercial land located?
    The property is located at Midland Dr Midland, TX.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Prime Location across from Alamo Jr. High & City Water Park; - Large .447 Acre Corner Lot; - Currently Zoned O1 allowing for Office, Retail, Senior Living, Duplexes, Indoor Dining / Coffee Shop, and more
    (432) 688-8200
    Request Owner's contact information
    Midland Dr Midland, TX 79703
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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
    Midland Dr Midland, TX 79703
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