Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Tbd Fm 307 Midland, TX 79706

    For Sale
    $2,000,000

    ±40 Acres, Ready to Develop

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This ±40-acre property in Midland, Texas, presents a unique opportunity for commercial or residential development. Located on FM 307, this expansive parcel offers direct access to a major thoroughfare, providing excellent visibility and convenient access. The land is situated in Midland County, which has no zoning restrictions, offering significant flexibility for development plans. A key advantage is the existing 60-foot-wide private access road, ensuring efficient site access and facilitating construction. The property's strategic location is approximately 3 miles east of Interstate 20 and 4 miles west of Greenwood High School, providing convenient access to major transportation routes and a nearby established community. The asking price for this construction-ready land is $2,000,000. This substantial acreage presents a compelling investment opportunity for developers seeking a prime location in a thriving Texas market. The absence of zoning regulations allows for a wide range of development possibilities, making this property particularly attractive for those seeking maximum flexibility in their project design. The convenient proximity to Interstate 20 and Greenwood High School further enhances the property's appeal, offering easy access to transportation and a strong local demographic. This is a rare opportunity to acquire a large, well-located parcel of land in a rapidly growing area.

    Property Features for 0 Tbd Fm 307

    General Information

    Property type
    Land
    Lot Size
    1,741,964 SF

    HighLights

    • ±40‑acre tract in Midland, TX, suitable for commercial and residential development.
    • Direct FM 307 access.
    • Unzoned land in Midland County.
    • 60‑foot wide access road.
    • Approximately 3 miles east of I‑20.
    • Approximately 4 miles west of Greenwood High School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -101.95332948329
    Latitude
    32.014292384743

    Nearby Similar for Sale

    • $1,995,000
      11,246 SF

      Midland Office/Shop on 8.5 Acres

      Turnkey office/shop space with additional residential home near Midland.
      9009 W County Road 160, Midland, TX 79706
      View Details
    • $2,400,000
      8,254 SF

      Airbnb Tiny Homes and Barndominium

      Income-generating property with tiny homes, barndominium, and commercial building.
      4301 S County Road 1135, Midland, TX 79706
      View Details
    • $949,900
      7,128 SF

      Midland Commercial Property For Sale

      Commercial property in Midland, TX, ideal for various business ventures.
      1005 Austin St, Midland, TX 79703
      View Details
    • $5,500,000
      24,775 SF

      Downtown Midland Office Building

      Three-story office building in downtown Midland, Texas.
      200 W Illinois Ave, Midland, TX 79701
      View Details
    • $3,800,000
      30,396 SF

      Former Newspaper Building in Midland

      Expansive property with redevelopment potential in the heart of Midland.
      201 E Illinois Ave, Midland, TX 79701
      View Details
    • $1,450,000
      7,500 SF

      Midland Warehouse with Office Space

      Commercial warehouse with office on 3 acres in Midland.
      6707 S County Road 1065, Midland, TX 79706
      View Details

    FAQs

    What type of property is this?
    Land - ±40 Acres, Ready to Develop
    Where is this land located?
    The property is located at Tbd Fm 307 Midland, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: ±40-acre tract in Midland, TX, suitable for commercial and residential development.; Direct FM 307 access.; Unzoned land in Midland County.
    Request Owner's contact information
    Tbd Fm 307 Midland, TX 79706
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tbd Fm 307
    Midland, TX 79706
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Tbd Fm 307 Midland, TX 79706
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.