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Corner Commercial Land Parcel

N Midland Dr, Midland, TX 79703

For Sale
$425,000

Land, Midland, TX

Property SizeContact for details
Lot Size0.45 Acres
Days on Market438

Property Features for N Midland Dr

General Information

Property type Land
Property subtype Other
Subdivision Hillcrest Acres
Elementary school Bonham
Middle school Alamo
High school Midland
Elementary school district Midland
Middle school district Midland
High school district Midland
Standard status Active
Lot size 0.45 Acres

Taxes and HOA fees

Tax Description .447 acres out of BLK: 002, LOT: 01A, ADDN: HILLCREST ACRES, SEC 13
Legal Description .447 acres out of BLK: 002, LOT: 01A, ADDN: HILLCREST ACRES, SEC 13
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston ABR /CNHS · License TX #542176
Added: Sep 2, 2025 Changed: Oct 26 Last Checked: Nov 13 at 1:06PM
MLS# 50084994

Copyright © 2026 Permian Basin 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.

Rey
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Investment Insights

Based on property information with market context.

This vacant 0.447-acre corner parcel is designated O1 and positioned for several commercial and residential-oriented uses identified under the current zoning, including office, retail, senior living, duplexes, indoor dining, and coffee shops. A shared retention pond easement is available with the property.

The site is located on N Midland Dr in Midland, Texas, directly across from Alamo Jr. High and City Water Park. Its corner configuration and placement near these public facilities provide clear physical and surrounding-context advantages for evaluating future development.

Key Highlights

  • 0.447‑acre vacant corner parcel
  • Currently zoned O1
  • O1 zoning allows office, retail, senior living, duplexes, indoor dining, and coffee shops

Property Analytics

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Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Commercial land in Midland, TX

$265 Jul
$281 Aug
$281 Sep
$238 Oct

Properties on Market for Commercial land in Midland

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant corner parcel with O1 zoning and access to a shared retention pond easement.
Where is this commercial land located?
The property is located at N Midland Dr Midland, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 0.447‑acre vacant corner parcel; Currently zoned O1; O1 zoning allows office, retail, senior living, duplexes, indoor dining, and coffee shops
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