Listing Agency: The Real Estate Ranch LLC Show Phone

Listed By: Daniel Hunt · License #0836455 Show Phone

Added: Sep 5, 2025 Changed: Aug 4 Last Checked: Aug 7 at 7:06PM

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MLS# 162797

Copyright © 2026 Odessa 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 property, located in Midland, Texas, consists of approximately 5 acres of land, equivalent to 218,018 square feet. While currently zoned for residential use, there are ongoing efforts to rezone it for commercial purposes. The property is situated in Midland County.

Key Highlights

• Zoned for residential use.
• Working toward commercial zoning.
• Property location available (coordinates provided).

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

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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 - Land available in Midland, Texas, with commercial potential.

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: Zoned for residential use.; Working toward commercial zoning.; Property location available (coordinates provided).