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Industrial Land with Highway Frontage
New
For Sale
$650,000

4306 E Hwy 158, Midland, TX 79706

Land, Midland, TX

Property SizeContact for details
Lot Size5.00 Acres
Days on Market5

Property Features for 4306 E Hwy 158

General Information

Property type Land
Property subtype Other
Subdivision 38T2S
Standard status Active
APN R000000914
Lot size 5.00 Acres

Taxes and HOA fees

Tax Annual Amount 0
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston · License #542176
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 6 at 12:06PM
MLS# 177945

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 5-acre industrial land parcel is positioned for commercial yard use. Its highway frontage and commercial designation support consideration for industrial and service-oriented operations.

The property fronts Garden City Highway (Hwy 158) in Midland, within an oilfield corridor. The site has more than 375 feet of frontage along the highway.

Key Highlights

  • 5‑acre industrial land parcel
  • More than 375 feet of frontage on Garden City Highway (Hwy 158)
  • Located in an oilfield corridor in Midland

Property Analytics

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Current Use

Commercial 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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Commercial yard land suited to industrial and service operations.
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; More than 375 feet of frontage on Garden City Highway (Hwy 158); Located in an oilfield corridor in Midland
More about this property
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