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Property profile & analytics
OFF-MARKET
Land

0 Farm To Market 1788 Midland, TX 79706

80.42 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 80.42 ac (3,503,095 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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