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Commercial Land on Hard Corner

8910 FM 307, Midland, TX 79706

For Sale
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7.01 acres on a highly visible FM 307 hard corner offer flexible development options with substantial frontage.

Property SizeContact for details
Lot Size7.01 Acres
Days on Market159

Property Features for 8910 FM 307

General Information

Standard status Active
Lot size 7.01 Acres
Property subtype Land

Building Details

Year Built 2013
Units 1
Listing Agency: The Real Estate Ranch
Listed By: Thomas Johnston · License TX #542176
Source: Crexi
Added: Jun 5 Changed: Oct 27 Last Checked: Nov 10 at 6:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Ranch

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Investment Insights

Based on property information with market context.

Offered for sale is 7.01 acres of commercial land positioned on a highly visible hard corner along FM 307. The site is described as having substantial frontage and is located within the main development strip of the Greenwood ISD area, providing immediate access and prominent presence along the roadway.

The tract is situated on FM 307 in the Greenwood area, benefiting from direct access to major transportation routes. Public remarks highlight strong oilfield traffic exposure and proximity to ongoing residential and commercial expansion, along with surrounding infrastructure investment and expanding local commercial activity.

This versatile land offering is presented as suitable for a range of commercial and industrial uses, including fast food, retail, pharmacy, laundromat, industrial or office warehouse, service-based commercial, storage facilities, oilfield support services, and mixed-use development. The property is also noted as a potential long-term investment hold strategy. Additionally, the 3 frontage acres are stated to be divisible into (3) one-acre parcels, which may appeal to operators or developers evaluating smaller footprint configurations within a shared frontage.

Call for details on the site and divisibility options.

Key Highlights

  • 7.01‑acre tract on a highly visible FM 307 hard corner in Greenwood
  • 3 frontage acres available and the property can be divided into (3) 1‑acre parcels
  • Property offers versatile development use for retail, fast food, pharmacy, laundromat, office/warehouse, storage, and more

Property Analytics

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Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Bakery (Bike/Boat/Book/etc) Store Pharmacy Cafe & Coffee Shop

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

68
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

Average Price Trend$/SF for Commercial land in Midland, TX

$265 Jul
$281 Aug
$281 Sep
$238 Oct

Properties on Market for Commercial land in Midland

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - 7.01 acres on a highly visible FM 307 hard corner offer flexible development options with substantial frontage.
Where is this commercial land located?
The property is located at 8910 FM 307 Midland, TX.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 7.01‑acre tract on a highly visible FM 307 hard corner in Greenwood; 3 frontage acres available and the property can be divided into (3) 1‑acre parcels; Property offers versatile development use for retail, fast food, pharmacy, laundromat, office/warehouse, storage, and more
(432) 688-8200 · Office Call to check price and availability
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