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    N Midland Dr Midland, TX 79703

    For Sale
    $425,000

    Individual Lot - Midland, TX

    Lot size:
    0.45 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 12 at 6:06 pm

    Property Features for N Midland Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.45 Acres

    Building Details

    Architectural style
    Other

    The Real Estate Ranch LLC (432) 688-8200

    Listing agent Thomas Johnston ABR /CNHS (432) 688-8200

    Listing date Sep 2, 2025

    MLS# 50084994 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

    Vacant Corner Lot in Midland

    This vacant corner lot encompasses 0.447 acres. It is located across from Alamo Jr. High and the City Water Park. The current zoning is O1, which permits office spaces, retail establishments, senior living facilities, duplexes, indoor dining, and coffee shops, among other uses. A shared retention pond easement is available. The location may be suitable for rezoning to allow for a drive-thru coffee shop, ice cream parlor, or restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.13488656914
    Latitude
    31.994911315626

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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 N 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.; - Zoned O1, allowing for Office, Retail, Senior Living, Duplexes, Indoor Dining/Coffee Shop, and more.
    (432) 688-8200
    Request Owner's contact information
    N 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
    N Midland Dr Midland, TX 79703
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