Listing Agency: Real Estate Ranch r***@aol.com Show Phone

Listed By: Thomas Johnston · License #542176 Show Phone

Source: Exitrealty

Added: Aug 18, 2024 Changed: Jul 6 Last Checked: Jul 30 at 8:22AM

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Investment Insights

Based on property information with market context.

This vacant 0.447 acre corner lot is located across from Alamo Jr. High and the City Water Park. The property is currently zoned O1, which permits office, retail, senior living, duplexes, and indoor dining or coffee shops. A shared retention pond easement is available. Rezoning may allow for a drive-thru coffee, ice cream, or restaurant business. The property is 19471 square feet.

Key Highlights

• Prime Location across from Alamo Jr. High & City Water Park
• Vacant .447 Acre Corner Lot
• Zoned O1 allowing for Office, Retail, Senior Living, Duplexes, Indoor Dining/Coffee Shop, and more

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Accounting Firm Building Supply Big Box & Wholesale Store

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

502

Businesses Nearby

Explore this area Business Placement

Demographics for 79703, TX

21,205

Population

8,110

Households

2.6

Avg Household Size

33

Median Age

20%

College-Educated

83%

High-School Grad

6.5 sq mi

ZIP Area

3,262

Density / Sq Mi

$80,281

Median Household Income

$44,977

Median Earnings

$1,466

Median Rent

$220,600

Median Home Value

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Frequently Asked Questions

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 0000 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; Vacant .447 Acre Corner Lot; Zoned O1 allowing for Office, Retail, Senior Living, Duplexes, Indoor Dining/Coffee Shop, and more