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    Farm To Market 1788 Midland, TX 79706

    For Sale
    $14,012,380

    80 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 80.42-acre commercial land parcel presents a remarkable investment opportunity in Midland, Texas. Strategically located off Farm to Market 1788, near the Midland International Air & Spaceport, this property boasts significant frontage on three sides: CR 40 (Yukon Road or Airport Entrance), Pilot Road, and FM 1788. The site comprises several contiguous tracts (40.6 acres, 25.7 acres, 0.57 acre, 3 acres, 5.45 acres, and 5.1 acres), offering flexibility for subdivision and development. Existing infrastructure includes on-site water and sewer lines, and a cul-de-sac. The property's location provides excellent visibility and accessibility, making it ideal for a variety of commercial uses. While unrestricted, the land falls within Midland city limits, requiring platting and zoning considerations, along with FAA approval due to its proximity to the Air Operating Zone. A 1.25-acre oil pad is present, but appears free of pipelines. This prime West Texas location bridges Midland and Odessa, offering unparalleled development potential with high visibility and strong investment prospects. The total square footage is 3,503,095.20 square feet. The asking price is $14,012,380. This is a chance to create a landmark development in a rapidly growing area. Further due diligence is recommended.

    Property Features for 0 Farm To Market 1788

    General Information

    Property type
    Land
    Lot Size
    3,503,095 SF

    HighLights

    • 1788 Acres Available for Sale
    • Exceptional Investment Opportunity
    • Prime Airport Proximity
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.21745
    Latitude
    31.93067

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    FAQs

    What type of property is this?
    Land - 80 Acres, Prime Development Site
    Where is this land located?
    The property is located at Farm To Market 1788 Midland, TX.
    What is the asking price?
    The asking price for this property is $14,012,380.
    What are key features of this property?
    This property features: 1788 Acres Available for Sale; Exceptional Investment Opportunity; Prime Airport Proximity
    (432) 688-8200
    Request Owner's contact information
    Farm To Market 1788 Midland, TX 79706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Farm To Market 1788 Midland, TX 79706
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