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Mixed-Use Property with Shop
For Sale
$540,000

2801 W Kentucky Ave, Midland, TX 79703

Commercial Sale, Midland, TX

Property Size6,000 SF
Lot Size0.32 Acres
Price / SF$90
Days on Market49

Property Features for 2801 W Kentucky Ave

General Information

Property type Commercial Sale
Property subtype Other
Subdivision College Heights
Standard status Active
Size 6,000 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Description Acres: 0.321, BLK: 031, LOTS: 001 THRU 2, ADDN: College Heights
Tax Annual Amount 5250
Legal Description Acres: 0.321, BLK: 031, LOTS: 001 THRU 2, ADDN: College Heights

Amenities

car lift

Building Details

Year built 1959
Listing Agency: Keller Williams · Keller Williams Realty
Listed By: Megan Hopkins
Added: Jul 23 Changed: Aug 31 Last Checked: Sep 9 at 3:06PM
MLS# 50096980

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 mixed-use property contains 6,000 square feet of improvements, including a substantial shop area, a vehicle lift, and two apartments. The building dates to 1959 and occupies a 0.321-acre corner lot.

The property is located at 2801 W Kentucky Ave in Midland, Texas, within ZIP code 79703. Its combination of workshop space and residential units creates a varied commercial configuration for an owner or operator seeking these existing features.

Key Highlights

  • 6,000 square feet of improvements
  • 0.321‑acre corner lot
  • Large shop area with vehicle lift

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Restaurant Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Shop space, a vehicle lift, and two apartments are arranged on a corner parcel.
Where is this mixed-use property located?
The property is located at 2801 W Kentucky Ave Midland, TX.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 6,000 square feet of improvements; 0.321‑acre corner lot; Large shop area with vehicle lift
More about this property
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