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    Loop 40 Midland, TX 79706

    For Sale
    $696,960

    1.1-5 Acres - Midland, TX

    Lot size:
    2.00 Acres
    Days on Market:
    104
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for Loop 40

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.00 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 Sep 2, 2025

    MLS# 50085000 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, TX Industrial Tract

    This industrial tract, ranging from 1.1 to 5 acres, is located off Loop 40 near FM 1788 in Midland, TX. The property, with a lot size of 2 acres, is zoned for Light Commercial, Office, or Light Industrial Yard use, making it ideal for an industrial yard.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.22086537442
    Latitude
    31.932046373232

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    FAQs

    What type of property is this?
    Commercial land - Industrial land for sale off Loop 40 in Midland.
    Where is this commercial land located?
    The property is located at Loop 40 Midland, TX.
    What is the asking price?
    The asking price for this property is $696,960.
    What are key features of this property?
    This property features: - Zoned Light Commercial, Office, or Light Industrial Yard; - Ideal for an Industrial Yard; - Smaller Industrial Tract
    (432) 688-8200
    Request Owner's contact information
    Loop 40 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Loop 40 Midland, TX 79706
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