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Commercial Land with Highway Frontage
For Sale
$3,150,000

Tract 5 E IH-20, Midland, TX 79706

Commercial Sale, Midland, TX

Property Size980,100 SF
Lot Size22.50 Acres
Price / SF$3.21
Days on Market104

Property Features for Tract 5 E IH-20

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 38-T2S
Standard status Active
Size 980,100 SF
Lot size 22.50 Acres

Taxes and HOA fees

Tax Description 22.5 acres out of a 45.3 tract out of SE/4 Sec 6, Block 38, T2S
Legal Description 22.5 acres out of a 45.3 tract out of SE/4 Sec 6, Block 38, T2S
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston ABR /CNHS · License #542176
Added: May 28 Changed: Sep 3 Last Checked: Sep 8 at 11:06AM
MLS# 50095540

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.

Tract 5 comprises 22.5 acres, or 980,100 square feet, within a larger 43.5-acre tract. The parcel includes 501 feet of frontage along I-20 and is located in Midland, Texas.

Key Highlights

  • 22.5 acres of commercial land
  • 980,100 square feet
  • 501 feet of I‑20 frontage

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Locksmith Veterinary Clinic Catering Service (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land parcel with I-20 frontage in Midland, Texas.
Where is this commercial land located?
The property is located at Tract 5 E IH-20 Midland, TX.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 22.5 acres of commercial land; 980,100 square feet; 501 feet of I‑20 frontage
More about this property
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