Listing Agency: The Real Estate Ranch LLC Show Phone

Listed By: Thomas Johnston · License #542176 Show Phone

Added: Jun 3 Changed: Aug 20 Last Checked: Sep 2 at 10:06PM

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MLS# 161950

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, TX, offers 1.041 acres of commercial land. Water is available in the area at 20 gpm. Mobile homes are allowed. The property is suitable for small industrial yards and home sites in the Permian Basin, with the flexibility to combine yards to accommodate larger needs.

Key Highlights

• Price: $65,000 per acre
• Suitable for Industrial Yards or Home Sites
• Water Available: 20 gpm

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

3

Businesses Nearby

Explore this area Business Placement

Demographics for 79705, TX

44,138

Population

20,021

Households

2.2

Avg Household Size

33

Median Age

40%

College-Educated

91%

High-School Grad

79.4 sq mi

ZIP Area

556

Density / Sq Mi

$105,106

Median Household Income

$60,415

Median Earnings

$1,431

Median Rent

$329,300

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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

What type of property is this? Where is this industrial 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?

Industrial land - Land available in Midland, TX, priced at $65,000 per acre.

Where is this industrial land located?

The property is located at Miami Cove lot 20 Midland, TX.

What is the asking price?

The asking price for this property is $67,665.

What are key features of this property?

This property features: Price: $65,000 per acre; Suitable for Industrial Yards or Home Sites; Water Available: **20 gpm**