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Industrial Land with Paved Frontage
For Sale
$550,000

2408 FM 1787, Odessa, TX 79766

Land, Odessa, TX

Property SizeContact for details
Lot Size40.00 Acres
Days on Market135

Property Features for 2408 FM 1787

General Information

Property type Land
Property subtype Other
Subdivision 42-T4S
Standard status Active
APN 45060.00070.000
Lot size 40.00 Acres

Taxes and HOA fees

Tax Annual Amount 0
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston · License #542176
Added: Apr 12 Changed: Aug 20 Last Checked: Aug 24 at 9:06AM
MLS# 173828

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 40-acre industrial land tract is located at 2408 FM 1787 south of Odessa. The property includes 957' of paved frontage on FM 1787 and is identified as suitable for an oilfield yard, equestrian center, or possible development. The site is outside the flood plain and contains one Plains pipeline across the property.

The land adjoins Yellow Rose Ranch and sits under half a mile from Tres Amigos Racetrack and Event Center. Its rural setting and proximity to established horse-racing and ranching facilities provide relevant context for agricultural, equestrian, and industrial land users. The property is in Ector County, Texas, within the Odessa postal area.

Key Highlights

  • 40‑acre industrial land tract
  • 957' of paved frontage on FM 1787
  • Potential uses include an oilfield yard, equestrian center, or development

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 79766, TX

9,688
Population
3,516
Households
2.8
Avg Household Size
33
Median Age
10%
College-Educated
58%
High-School Grad
305.0 sq mi
ZIP Area
32
Density / Sq Mi
$70,965
Median Household Income
$41,913
Median Earnings
$1,100
Median Rent
$151,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Large south Odessa tract with potential for an oilfield yard, equestrian center, or future development.
Where is this industrial land located?
The property is located at 2408 FM 1787 Odessa, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 40‑acre industrial land tract; 957' of paved frontage on FM 1787; Potential uses include an oilfield yard, equestrian center, or development
More about this property
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