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    I-20 Service Rd Midland, TX 79706

    Picture of Commercial land at Service Rd I-20, Midland, TX
    For Sale
    $4,769,820

    LAND - Midland, TX

    Lot size:
    21.90 Acres
    Days on Market:
    105
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for I-20 Service Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R000016018
    Lot size
    21.90 Acres

    The Real Estate Ranch LLC (432) 688-8200

    Listing agent Thomas Johnston (432) 688-8200

    Listing date Sep 2, 2025

    Copyright © 2025 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.

    Overview

    Prime Land I-20 Frontage

    This 21.9-acre commercial land is located in Midland, Texas, at the intersection of 1788 and I-20. Water and sewer lines are available onsite. The property is positioned between Midland and Odessa, near the Midland International Air & Spaceport. Development will require FAA approval due to its location within the AOZ, and the site has a shared retention. The location is suitable for investment and sub-development of a premier West Texas site, offering the potential to merge the appeal of both cities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.2140991
    Latitude
    31.91385321

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    FAQs

    What type of property is this?
    Commercial land - 21.9 acres of land with water and sewer onsite.
    Where is this commercial land located?
    The property is located at I-20 Service Rd Midland, TX.
    What is the asking price?
    The asking price for this property is $4,769,820.
    What are key features of this property?
    This property features: - Prime investment opportunity for buy & hold strategy.; - Located at a highly desirable location at 1788 & I-20, between Midland and Odessa near Midland International Air & Spaceport.; - Water and sewer lines are already onsite.
    (432) 688-8200
    Request Owner's contact information
    I-20 Service Rd Midland, TX 79706
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    Midland, TX 79706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    I-20 Service Rd Midland, TX 79706
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