Prime Land in Midland,
For Sale
$13,024,440
FM 1788, Midland, TX 79706
LAND - Midland, TX
Lot Size74.75 Acres
Days on Market332
Property Features for FM 1788
General Information
Property type
Land
Property subtype
Other
Subdivision
40-T2S
Standard status
Active
Lot size
74.75 Acres
Taxes and HOA fees
Tax Description
Please call Listing agent for more information on legal description.
Legal Description
Please call Listing agent for more information on legal description.
Listing Agency:
The Real Estate Ranch LLC
(432) 688-8200
Listed By:
Thomas Johnston ABR /CNHS · License #542176
(512) 970-1610
Added: Sep 2, 2025
Changed: Jul 22
Last Checked: Jul 30 at 11:06PM
MLS# 50085025
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 property features an ideal build site across from the New Kent Quick to the Southwest and the Post Office to the East. It consists of a 40.6-acre tract and a 25.7-acre tract that are contiguous, along with additional tracts of 3 acres and 5.45 acres. The land can be subdivided. It offers paved frontage on three sides: County Road 40 (Yukon Road or Airport Entrance), Pilot Road, and Farm to Market 1788. Water and sewer lines are onsite, along with a cul-de-sac. This site presents a wholesale opportunity to sub-develop a premier West Texas location between Midland and Odessa, near the Midland International Air & Spaceport. There is a 1.25-acre oil pad, but the site appears to be free of pipelines. The total acreage is 74.75 acres.
Key Highlights
- Ideal site for sub‑development between Midland and Odessa.
- Contiguous tracts totaling 66.3 acres, plus additional tracts.
- Paved frontage on three sides: CR 40, Pilot Rd, and FM 1788.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 79706, TX
31,805
Population
12,368
Households
2.6
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
689.5 sq mi
ZIP Area
46
Density / Sq Mi
$110,988
Median Household Income
$58,023
Median Earnings
$897
Median Rent
$280,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 74.75 acres ideal for development near Midland Air & Spaceport.
Where is this commercial land located?
The property is located at FM 1788 Midland, TX.
What is the asking price?
The asking price for this property is $13,024,440.
What are key features of this property?
This property features: Ideal site for sub‑development between Midland and Odessa.; Contiguous tracts totaling 66.3 acres, plus additional tracts.; Paved frontage on three sides: CR 40, Pilot Rd, and FM 1788.
