School Development Land
For Sale
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5501 Thomason Dr, Midland, TX 79703
Commercial land positioned for a new Midland high school project with planned groundbreaking in 2025.
Lot Size1.09 Acres
Days on Market463
Property Features for 5501 Thomason Dr
General Information
Standard status
Active
Lot size
1.09 Acres
Property subtype
LAND
Listing Agency:
The Retail Connection | Dallas
(214) 236-9501
Listed By:
Steve Greenberg · License #352890
(214) 236-9501
Source:
Moodyscre
Added: Apr 24, 2025
Changed: Jul 25
Last Checked: Jul 30 at 9:58AM
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 The Retail Connection | Dallas
Investment Insights
Based on property information with market context.
This commercial land parcel is identified for the Legacy High School project, with groundbreaking planned for summer 2025 and an anticipated opening in fall 2028. The remarks indicate an academic capacity of approximately 3,800 students, supported by a planned $450M build. The project scope also references updates and renovations to multiple middle schools.
The property is described as being located across the street from Westridge Land. The provided materials also characterize the broader region in West Texas as being anchored in the Permian Basin.
Use and development timing are central to the offering, with the high-level construction schedule noted through the 2025 groundbreaking and fall 2028 opening window.
The property is described as being located across the street from Westridge Land. The provided materials also characterize the broader region in West Texas as being anchored in the Permian Basin.
Use and development timing are central to the offering, with the high-level construction schedule noted through the 2025 groundbreaking and fall 2028 opening window.
Key Highlights
- Commercial land across the street from Westridge Land
- Planned Midland high school project: groundbreaking in summer 2025 and opening in fall 2028
- Estimated project cost of approx. $450M
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land positioned for a new Midland high school project with planned groundbreaking in 2025.
Where is this commercial land located?
The property is located at 5501 Thomason Dr Midland, TX.
What are key features of this property?
This property features: Commercial land across the street from Westridge Land; Planned Midland high school project: groundbreaking in summer 2025 and opening in fall 2028; Estimated project cost of approx. $450M
