Commercial Land with Road
For Sale
$13,024,440
FM 1788, Midland, TX 79706
Land, Midland, TX
Property SizeContact for details
Lot Size74.75 Acres
Days on Market365
Property Features for FM 1788
General Information
Property type
Land
Property subtype
Other
Subdivision
40-T2S
Standard status
Active
Lot size
74.75 Acres
Taxes and HOA fees
Tax Description
Please call Listing agent for more information on legal description.
Legal Description
Please call Listing agent for more information on legal description.
Listing Agency:
The Real Estate Ranch LLC
(432) 688-8200
Listed By:
Thomas Johnston ABR /CNHS · License #542176
(512) 970-1610
Added: Sep 2, 2025
Changed: Aug 31
Last Checked: Sep 1 at 11:06AM
MLS# 50085025
Copyright © 2026 Permian Basin 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 commercial land holding comprises 74.75 acres arranged across multiple tracts, including contiguous 40.6-acre and 25.7-acre parcels, along with additional 3-acre and 5.45-acre tracts. The property can be subdivided and includes a 1.25-acre oil pad.
Paved frontage extends along three sides of the property, providing access from CR 40, also identified as Yukon Road or the Airport Entrance, Pilot Road, and FM 1788. Water and sewer lines are onsite, and a cul-de-sac is included within the property. The tract is located in Midland County near Midland and the Midland International Air & Spaceport.
Paved frontage extends along three sides of the property, providing access from CR 40, also identified as Yukon Road or the Airport Entrance, Pilot Road, and FM 1788. Water and sewer lines are onsite, and a cul-de-sac is included within the property. The tract is located in Midland County near Midland and the Midland International Air & Spaceport.
Key Highlights
- 74.75 acres across multiple tracts
- 40.6‑acre and 25.7‑acre contiguous tracts, plus 3‑acre and 5.45‑acre tracts
- Paved frontage on three sides along CR 40, Pilot Road, and FM 1788
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Paved access on three sides with onsite water and sewer lines supports a range of commercial land plans.
Where is this commercial land located?
The property is located at FM 1788 Midland, TX.
What is the asking price?
The asking price for this property is $13,024,440.
What are key features of this property?
This property features: 74.75 acres across multiple tracts; 40.6‑acre and 25.7‑acre contiguous tracts, plus 3‑acre and 5.45‑acre tracts; Paved frontage on three sides along CR 40, Pilot Road, and FM 1788
