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Industrial Land Near IH-20
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TBD FM 715, Midland, TX 79706

20 acres of fenced, rocked land near IH-20.

Space Size886,446 SF
Lot Size20.00 Acres
Days on Market933

Property Features for TBD FM 715

General Information

Standard status Active
Size 886,446 SF
Lot size 20.00 Acres
Property subtype Land

Building Details

Tenancy Single

Spaces For Lease

at TBD FM 715 Contact us

Available Space

Size
886,446 SF
Type
Land
Availability
Active
Contact us
Listing Agency: Formation Real Estate LLC
Listed By: John Jinks · License #TX 603059
Source: Crexi
Added: Feb 8, 2024 Changed: Aug 27 Last Checked: Aug 26 at 5:35PM

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 Formation Real Estate LLC

Investment Insights

Based on property information with market context.

This industrial land offers approximately 560 feet of frontage on FM 715, situated 2 miles south of IH-20 and outside Midland city limits. The location is suited for a large oilfield service area headquarters. The property features flexible term and building options. A proposed building option includes a 24,850 square-foot office warehouse with 3,600 square feet of office space, featuring approximately 10 offices and a conference room. The warehouse provides 21,250 square feet of space, is 85 feet wide with a 25-foot eave height, and is crane-ready for a 10-ton crane. It includes ten 16-foot by 16-foot overhead bay doors and five drive-through bays. A wash bay with a sump and in-ground pit is also included. The property is equipped with 3-phase, 480 V power and has two driveways for ingress and egress. The site is 20 acres, fenced and rocked.

Key Highlights

  • Ideal location for oilfield service headquarters with frontage on FM 715 and proximity to IH‑20.
  • 20 Acres Fenced and Rocked.
  • 24,850 SF Office Warehouse with customizable options.

Property Analytics

Current Use

Industrial land

Lease Details

NNN (Triple Net)
Lease Type

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

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
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Frequently Asked Questions

What type of property is this?
Industrial land - 20 acres of fenced, rocked land near IH-20.
Where is this industrial land located?
The property is located at TBD FM 715 Midland, TX.
What are key features of this property?
This property features: Ideal location for oilfield service headquarters with frontage on FM 715 and proximity to IH‑20.; 20 Acres Fenced and Rocked.; 24,850 SF Office Warehouse with customizable options.
(512) 791-7329 Call to check price and availability
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