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Industrial Land with Paved Frontage
For Sale
$550,000

2408 E FM 1787, Odessa, TX 79766

Land, Odessa, TX

Property SizeContact for details
Lot Size40.00 Acres
Days on Market175

Property Features for 2408 E FM 1787

General Information

Property type Land
Property subtype Other
Subdivision T-4-S
Elementary school district Ector
Middle school district Ector
High school district Ector
Standard status Active
Lot size 40.00 Acres

Taxes and HOA fees

Tax Description 40+/- Acres out of T-4-S BLK 42 SEC 02 (CARD #7) TRACT 3, (acreage taken out for road)
Legal Description 40+/- Acres out of T-4-S BLK 42 SEC 02 (CARD #7) TRACT 3, (acreage taken out for road)
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston ABR /CNHS · License #542176
Added: Mar 18 Changed: Sep 3 Last Checked: Sep 8 at 4:06AM
MLS# 50093664

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.

Investment Insights

Based on property information with market context.

This 40-acre industrial land tract is positioned along FM 1787 and includes 957 feet of paved frontage. The property is outside the flood plain and has one Plains pipeline across the tract. The site has been identified for potential oilfield yard, equestrian center, or development use.

The property adjoins Yellow Rose Ranch and is located less than half a mile from Tres Amigos Racetrack and Event Center. Its substantial acreage and roadway access support consideration for several large-scale land uses, subject to applicable approvals and site requirements.

Key Highlights

  • 40‑acre industrial land tract
  • 957 feet of paved frontage on FM 1787
  • Located outside the flood plain

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 79766, TX

9,688
Population
3,516
Households
2.8
Avg Household Size
33
Median Age
10%
College-Educated
58%
High-School Grad
305.0 sq mi
ZIP Area
32
Density / Sq Mi
$70,965
Median Household Income
$41,913
Median Earnings
$1,100
Median Rent
$151,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land with paved FM 1787 frontage and no flood plain.
Where is this industrial land located?
The property is located at 2408 E FM 1787 Odessa, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 40‑acre industrial land tract; 957 feet of paved frontage on FM 1787; Located outside the flood plain
More about this property
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