Commercial Land Redevelopment
For Sale
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1707 W Francis Ave, Midland, TX 79701
4.95-acre commercial land with redevelopment potential in south Midland.
Property Size6,840 SF
Lot Size4.95 Acres
Price / SF$104.53
Days on Market199
Property Features for 1707 W Francis Ave
General Information
Standard status
Active
Size
6,840 SF
Lot size
4.95 Acres
Property subtype
Land
Zoning
TP
Listing Agency:
Moriah Real Estate Company, LLC
(432) 682-2510
Listed By:
Wes Gotcher · License #TX
Source:
Crexi
Added: Feb 13
Changed: Aug 15
Last Checked: Aug 29 at 1:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moriah Real Estate Company, LLC
Investment Insights
Based on property information with market context.
This 4.950-acre commercial flat land property offers a redevelopment opportunity. The site features two existing structures totaling approximately 6,840 square feet. Building One is a 2,180-square-foot single-family residential home, while Building Two comprises 4,660 square feet of industrial shop space. The property's level topography and existing improvements provide flexibility for various uses. The site is well-suited for redevelopment, with strong potential for rezoning to multifamily. Located on W. Francis Avenue in south Midland, the property is less than one mile from Interstate 20. It offers convenient and efficient access to I-20 via S. Garfield Street and Cotton Flat Road, ensuring strong connectivity to the greater Midland area and surrounding markets. The immediate area includes established multifamily communities and retail businesses to the east, supporting steady traffic flow and ongoing growth in the corridor.
Key Highlights
- 4.95‑acre commercial flat land ideal for redevelopment.
- Excellent location less than one mile from Interstate 20 (I‑20).
- Strong potential for rezoning to multifamily.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
302
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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Frequently Asked Questions
What type of property is this?
Commercial land - 4.95-acre commercial land with redevelopment potential in south Midland.
Where is this commercial land located?
The property is located at 1707 W Francis Ave Midland, TX.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: 4.95‑acre commercial flat land ideal for redevelopment.; Excellent location less than one mile from Interstate 20 (I‑20).; Strong potential for rezoning to multifamily.
