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Corner Commercial Land with Existing Building
New
For Sale
$60,000

700 E Texas Ave, Midland, TX 79701

Commercial Sale, Midland, TX

Property Size1,898 SF
Lot Size0.16 Acres
Price / SF$31.61
Days on Market1

Property Features for 700 E Texas Ave

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Original Town
Lot features Corner Lot
Standard status Active
APN R000035270
Size 1,898 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 1071

Building Details

Year built 1929
Building materials Brick
Roof type Flat
Listing Agency: D.E. The Home Boss Group LLC
Listed By: Donavon Earl · License #809777
Added: Aug 29 Last Checked: Aug 29 at 8:06PM
MLS# 177184

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 0.16-acre commercial land parcel includes an existing 1,898-square-foot former restaurant building. The structure features brick construction, a flat roof, and a 1929 build year. It is offered as-is, with no representation regarding its condition or usability.

The corner property has frontage along two streets and convenient access. Open space remains on the site for expansion or other site planning, subject to applicable requirements. The property is located at 700 E Texas Ave in Midland, Texas.

Key Highlights

  • 0.16‑acre commercial land parcel
  • Existing 1,898‑square‑foot former restaurant building
  • Brick construction with a flat roof; built in 1929

Property Analytics

Current Use

PRICE'S RESTAURANT Restaurant Price's Restaurant

Suggested Use

Top Pick Dental Office Pharmacy Grocery & Convenience Store Gym & Fitness Center Furniture & Home Goods Skin Care Clinic

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

1,239
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 61% Groceries 39%
Dollar General Shops & Services
6,983 visits/mo 0.4 miles
Lowe's Market Groceries
4,837 visits/mo 0.2 miles
Advance Auto Parts Shops & Services
739 visits/mo 0.3 miles

Demographics for 79701, TX

29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner-site commercial land includes a former restaurant structure and open area, with the improvements offered as-is.
Where is this commercial land located?
The property is located at 700 E Texas Ave Midland, TX.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 0.16‑acre commercial land parcel; Existing 1,898‑square‑foot former restaurant building; Brick construction with a flat roof; built in 1929
More about this property
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