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Commercial Land with Zoning Process
For Sale
$2,068,990

5018 Pimlico Dr, Midland, TX 79707

For-sale land currently zoned residential, with efforts underway to obtain commercial zoning.

Property Size218,018 SF
Price / SF$9.49
Days on Market95

Property Features for 5018 Pimlico Dr

General Information

Standard status Active
Size 218,018 SF
Zoning RESIDENTIAL
Listing Agency: NestHaven Properties
Listed By: Daniel Hunt · License #0836455
Source: Rickerlooney
Added: Jul 21 Changed: Oct 12 Last Checked: Oct 21 at 1:42AM

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 NestHaven Properties

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Investment Insights

Based on property information with market context.

This for-sale parcel is currently zoned for residential use. The owner is working on the zoning process to allow commercial use, which may support a broader range of future site plans.

The property is located at 5018 Pimlico Dr in Midland, Texas.

Additional development details, existing site improvements, or the specific commercial zoning status were not provided. Interested parties may want to review the current zoning restrictions and the status of the commercial rezoning effort directly with the appropriate local authorities.

Key Highlights

  • Land currently zoned for residential use
  • Zoning efforts underway to obtain commercial zoning

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Garden Center Kitchen & Bath Showroom Plumbing Service

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

50
Businesses Nearby

Demographics for 79707, TX

37,632
Population
16,654
Households
2.3
Avg Household Size
35
Median Age
41%
College-Educated
91%
High-School Grad
71.0 sq mi
ZIP Area
530
Density / Sq Mi
$99,979
Median Household Income
$58,351
Median Earnings
$1,383
Median Rent
$382,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - For-sale land currently zoned residential, with efforts underway to obtain commercial zoning.
Where is this commercial land located?
The property is located at 5018 Pimlico Dr Midland, TX.
What is the asking price?
The asking price for this property is $2,068,990.
What are key features of this property?
This property features: Land currently zoned for residential use; Zoning efforts underway to obtain commercial zoning
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