Listing Agency: The Real Estate Ranch LLC Show Phone

Listed By: Thomas Johnston ABR /CNHS · License #542176 Show Phone

Added: Oct 2 Changed: Oct 5 Last Checked: Oct 6 at 11:06AM

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MLS# 50098772

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 5-acre industrial land parcel has been cleared and prepared with caliche. Its layout is suited to yard use or development of a commercial facility, with 375+ feet of frontage along Highway 158.

The property is on Highway 158 in Midland, within an oilfield corridor. The site’s highway frontage provides direct exposure to the route.

Key Highlights

• 5‑acre industrial land parcel
• 375+ feet of frontage on Highway 158
• Cleared and prepared with caliche

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Building Supply

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

Location Intelligence

Trade Area within ½ mile

33

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

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

Questions? Ask Rey

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

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - A cleared, caliche-prepared site along an oilfield corridor supports commercial yard or facility development.

Where is this industrial land located?

The property is located at 4306 E Hwy 158 Midland, TX.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: 5‑acre industrial land parcel; 375+ feet of frontage on Highway 158; Cleared and prepared with caliche