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Investment Highlights

  • FM 1787 Frontage
  • Power to site
  • Two water wells on site

Executive Summary

±10.5 Acres with frontage on W. FM 1787 in Odessa, TX, available for sale. The owner will subdivide. This property is next to developed industrial buildings on a major thoroughfare where Permian Basin operators are drilling in the area. Land is raw and not stabilized. There are two water wells drilled on site.
Sale Price: $367,500
Price Per Acre: $35,000
Land Size: ±10.5 Acres
Zoning: County (No Known Restrictions)
Utilities: Two water wells + power on site
Subdivision: Owner will consider subdividing
Condition: Raw, unstabilized land
Frontage: Direct frontage on FM 1787

Property Facts

Price $367,500
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Contractor Storage Yard
  • Industrial Park
  • Lumberyard
  • Warehouse
Total Lot Size 10.50 AC
Zoning County - County, No Known Restrictions

1 Lot Available

Lot

Price $367,500
Price Per AC $35,000.00
Lot Size 10.50 AC

±10.5 Acres with frontage on W. FM 1787 in Odessa, TX.

Description

±10.5 acres of prime development land located on FM 1787 in Odessa, Texas, one of the most active industrial corridors in the Permian Basin. This highly visible site offers direct frontage on a major thoroughfare with strong traffic flow and immediate proximity to existing industrial developments and active oilfield operations. The property is ideally positioned to support a wide range of industrial and energy-related uses, with no known zoning restrictions, allowing maximum flexibility for development. The site is currently raw and unstabilized, providing a blank slate for customization to meet operational needs. Utilities are already in place, including two on-site water wells and power availability, significantly reducing upfront development costs and timelines. With strong regional demand driven by oil & gas activity, this property presents an excellent opportunity for investors, operators, and developers seeking a strategic foothold in the Midland-Odessa market. Prime industrial development opportunity in the Permian Basin High-visibility frontage on FM 1787 No known zoning restrictions (flexible use) Utilities in place: power + two water wells Surrounded by active industrial and oilfield operations Owner willing to subdivide Ideal for yard, storage, or industrial build-out Strong access to US Hwy 385 and regional infrastructure Close proximity to Odessa, Midland, and Midland International Air & Space Port

Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 39825236

  • Date on Market: 3/18/2026

  • Last Updated:

  • Address: 17405 W FM 1787, Odessa, TX 79766

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