Listing Agency: The Real Estate Ranch LLC

Listed By: Daniel Hunt · License #0836455 Show Phone

Source: Hauspg

Added: Jul 21 Changed: Aug 25 Last Checked: Sep 7 at 1:11PM

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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

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Garden Center Kitchen & Bath Showroom Gym & Fitness Center

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

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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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 $2,178,000.

What are key features of this property?

This property features: Land currently zoned for residential use; Zoning efforts underway to obtain commercial zoning