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Retail Land in Midland, TX
For Sale
$125,000

S Wayside Ave, Midland, TX 79701

LAND - Midland, TX

Property SizeContact for details
Lot Size0.02 Acres
Days on Market160

Property Features for S Wayside Ave

General Information

Property type Land
Property subtype Other
Zoning Commercial
Subdivision Carol Crest
Elementary school Travis
Middle school Alamo
High school Midland
Elementary school district Midland
Middle school district Midland
High school district Midland
Standard status Active
Lot size 0.02 Acres

Taxes and HOA fees

Tax Description : Acres: 0.193, BLK: 006, LOT: 010, ADDN: CAROL CREST, (UNRECORDED), SEC 1 BLK 39-T2S
Tax Annual Amount 308
Legal Description : Acres: 0.193, BLK: 006, LOT: 010, ADDN: CAROL CREST, (UNRECORDED), SEC 1 BLK 39-T2S

Utilities

Water source Public
Listing Agency: Black Orchid Real Estate
Listed By: Leo Salcido · License #0603525
Added: Mar 19 Changed: Jun 19 Last Checked: Aug 25 at 1:06PM
MLS# 50093684

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.

This property, located in Midland, TX, is zoned for retail use. The 0.0193-acre lot is suitable for various business ventures. Potential uses include a beauty shop or nail salon, or a strip center for lease. The property also offers the possibility of adding a drive-thru for a burrito, burger place, or coffee shop.

Key Highlights

  • Zoned Retail: Ideal for various retail businesses.
  • Great Location: Suitable for attracting customers.
  • Potential for Multiple Businesses: Opportunity to rent out spaces.

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Dining 19%
Dollar General Shops & Services
8,181 visits/mo 0.3 miles
La Carreta Dining
1,957 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail-zoned land suitable for various businesses in Midland, TX.
Where is this retail space located?
The property is located at S Wayside Ave Midland, TX.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Zoned Retail: Ideal for various retail businesses.; Great Location: Suitable for attracting customers.; Potential for Multiple Businesses: Opportunity to rent out spaces.
More about this property
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