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TX 191 - SW Corner of TX 191 & FM 1788 146 Acres of Industrial Land Offered at $18,250,000 in Midland, TX 79707
Investment Highlights
- Raw Development Land | Can be Divided
- Inside City Limits | City Water to Shared property Lines with Pilot Travel Center
- Excellent Frontage, Visibility, & Access to Hwy 191 & FM 1788
- Just Minutes from Notable Landmarks: Midland International Airport, the Wagner Noel Performing Arts Center, and UTPB's CEED Building
Executive Summary
146 Acres – A prime investment opportunity in Midland! Situated at the southwest corner of HWY 191 and FM 1788, this property offers tremendous development potential. Its strategic location makes it ideal for a variety of projects, including retail, storage, multi-tenant spaces, industrial, flex, or owner-user developments.
The property offers easy access to major highways, conveniently located just south of Hwy 191 and 1788, and centrally positioned between Midland and Odessa.
Surrounding Development: The Permian Basin Behavioral Health Center (PBBHC), a 200-bed, $232 million facility, is under construction near the intersection of Highway 191 and FM 1788 between Midland and Odessa. Scheduled to open in early 2026, it will provide comprehensive inpatient and outpatient mental health services for adults and adolescents, including a crisis stabilization unit.
The property offers easy access to major highways, conveniently located just south of Hwy 191 and 1788, and centrally positioned between Midland and Odessa.
Surrounding Development: The Permian Basin Behavioral Health Center (PBBHC), a 200-bed, $232 million facility, is under construction near the intersection of Highway 191 and FM 1788 between Midland and Odessa. Scheduled to open in early 2026, it will provide comprehensive inpatient and outpatient mental health services for adults and adolescents, including a crisis stabilization unit.
Property Facts
1 Lot Available
Lot
| Price | $18,250,000 | Lot Size | 146.00 AC |
| Price Per AC | $125,000.00 |
| Price | $18,250,000 |
| Price Per AC | $125,000.00 |
| Lot Size | 146.00 AC |
$125,000/AC
Description
146 Acres – A prime investment opportunity in Midland! Situated at the southwest corner of HWY 191 and FM 1788, this property offers tremendous development potential. Its strategic location makes it ideal for a variety of projects, including retail, storage, multi-tenant spaces, industrial, flex, or owner-user developments. The property offers easy access to major highways, conveniently located just south of Hwy 191 and 1788, and centrally positioned between Midland and Odessa.
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R000008-545 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,650,050 |
Property Taxes
Parcel Number
R000008-545
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,650,050
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TX 191 - SW Corner of TX 191 & FM 1788
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