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5108 Fm 307 Midland, TX 79706

For Sale
$1,044,000

Other Commercial - Midland, TX

Property size:
8,840 SF
Lot size:
2.93 Acres
Days on Market:
192
Last Refresh:
Dec 14 at 11:06 pm

Property Features for 5108 Fm 307

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
8,840 SF
Lot size
2.93 Acres

Building Details

Architectural style
Other

The Real Estate Ranch LLC (432) 688-8200

Listing agent Thomas Johnston ABR /CNHS (432) 688-8200

Listing date Jun 6, 2025

MLS# 50082714 Listing URL

Copyright © 2025 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.


Overview

Midland Commercial Land For Sale

This commercial property in Midland, Texas, offers an opportunity to build rental income or expand an existing portfolio. Situated on 2.93 acres, the property features 195 feet of frontage on FM 307. It includes 8,840 square feet of living area and contains four leased units, three of which have new two-year leases. The location provides convenient access to I-20, business parks, and Greenwood Independent School District. There is potential for value addition by incorporating RV spots.
Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Building Supply Auto Repair Shop Accounting Firm Cafe & Coffee Shop Car Rental Pet Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Midland
County
Midland
State
Texas
Longitude
-101.99336847699
Latitude
32.004182713125

FAQs

What type of property is this?
Investment property - 2.93 acres with leased units near I-20 and Greenwood ISD.
Where is this investment property located?
The property is located at 5108 Fm 307 Midland, TX.
What is the asking price?
The asking price for this property is $1,044,000.
What are key features of this property?
This property features: - Four leased units providing immediate rental income.; - Located in Greenwood ISD with **2.93 acres** and **195' frontage on FM 307**.; - Three units have new 2-year leases.
More about this property
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