Share This Listing

Message

931 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • 7.01 Acres/or 3 acres of frontage
  • High Visibility Frontage on FM 307
  • Greenwood continues to experience significant residential and commercial growth, fueled by infrastructure expansion and continued investment
  • Prime Corner Location
  • Located in the Greenwood Growth Corridor

Executive Summary

Exceptional opportunity to acquire 7.01 acres positioned on a highly visible hard corner long FM 307 in Greenwood, one of the fastest-growing submarkets in the Permian Basin. Strategically located in the main development strip of the Greenwood ISD. This site offers outstanding accessibility, strong oilfield traffic exposure, and immediate proximity to explosive residential and commercial expansion.
Situated within the most desirable region of FM 307 in Greenwood, the property is surrounded by accelerating housing development, infrastructure investment, and expanding commercial activity driven by sustained Permian Basin growth. The location benefits from direct access to major transportation routes and serves one of the region’s fastest growing populations.
This versatile tract is ideally suited for, fast food, retail, pharmacy, laundromat, industrial, office warehouse, service-based commercial, storage facility, oilfield support services, mixed-use development, or long-term investment hold strategies. With substantial frontage, excellent visibility, and strong regional demographics, the site presents a rare opportunity to secure premium commercial land in a rapidly appreciating market. The 3 frontage acres can be divided into (3) 1 acre parcels for $1,045,400.00. Call Caleb Randolph at 432-994-8898 for more information.

Property Facts

Price $1,999,999
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
Total Lot Size 7.01 AC
Year Built 2013
Zoning Outside City Limits - NA

1 Lot Available

Lot

Price $1,999,999
Price Per AC $285,306.56
Lot Size 7.01 AC

7.01 Acres or 3 Acres for Sale, Price for 3 acres is $1,045,440.00

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
R000000-611
Land Assessment
$54,440
Improvements Assessment
$0
Total Assessment
$54,440
  • Listing ID: 40813266

  • Date on Market: 6/5/2026

  • Last Updated:

  • Address: 7 AC FM 307, Midland, TX 79706

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}