Commercial Land Near Education
For Sale
Contact for pricing
5501 Thomason Dr, Midland, TX 79703
Seller remarks cite summer 2025 groundbreaking for a new Midland high school, with projected opening in fall 2028.
Lot Size1.05 Acres
Days on Market463
Property Features for 5501 Thomason Dr
General Information
Standard status
Active
Lot size
1.05 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 28
Last Checked: Jul 30 at 1:49PM
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.
The offering is commercial land, with seller remarks describing major education expansion in the area. The remarks reference a legacy high school located across the street from Westridge Land, alongside planned new facilities with groundbreaking scheduled for summer 2025 and an anticipated opening in fall 2028.
The described academic buildout includes an academic capacity of 3,800 students. Additional projects mentioned in the remarks include updates and renovations to five middle schools, a second new Midland High School planned to be built in the Lone Star Trails subdivision, and a new elementary school planned for northeast Midland.
Seller-provided regional context notes that the market is in the heart of West Texas, anchored in the Permian Basin, and includes statistics related to per capita GDP and energy production.
The described academic buildout includes an academic capacity of 3,800 students. Additional projects mentioned in the remarks include updates and renovations to five middle schools, a second new Midland High School planned to be built in the Lone Star Trails subdivision, and a new elementary school planned for northeast Midland.
Seller-provided regional context notes that the market is in the heart of West Texas, anchored in the Permian Basin, and includes statistics related to per capita GDP and energy production.
Key Highlights
- New Midland high school planned with groundbreaking in Summer 2025
- Projected opening in Fall 2028
- Estimated build cost of approximately $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
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Frequently Asked Questions
What type of property is this?
Commercial land - Seller remarks cite summer 2025 groundbreaking for a new Midland high school, with projected opening in fall 2028.
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: New Midland high school planned with groundbreaking in Summer 2025; Projected opening in Fall 2028; Estimated build cost of approximately $450M
