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Improved Commercial Land for Sale in Midland, Texas

921 County Road 140, Midland, TX 79706

$6,200,000
21.7 acres
Active
$300k drop
Est $33,783/mo

Located in a prime industrial area of the Permian Basin, this 21.698-acre tract offers easy access to Highway 349 and I-20, providing quick connectivity to key areas in Midland. The property is just 20 minutes from the airport, making it ideal for businesses with travel needs. This investment portfolio includes several buildings ranging from 5,000 to 7,500 square feet, all on large, well-maintained tracts. Fully leased with all NNN (Triple Net) leases in place, this property is an excellent opportunity for any investor looking to expand their portfolio into a rapidly growing market. CR 8.5%

27,500
Sq feet
2024
Built

Location

Street address
921 County Road 140
Elevation
2,766 feet
Coordinates
31.9331, -102.0462

Property details

Acreage
21.698 acres
MLS #
PBBR 50080554
Posted

Property taxes

Recent
$40,853

Legal description

Details and features

Listing

Type
Commercial Sale
Subtype
Other

Listing history

DateEventPriceChangeSource
June 4, 2025Price drop$6,200,000$300,000 -4.6%PBBR
Mar 7, 2025New listing$6,500,000PBBR
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This 21.698-acre property is located at 921 County Road 140 in Midland, TX 79706. The property is available for sale for $6,200,000. It has a 27,500 sq ft structure built in 2024.

Checked 36 mins ago — Updated

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Copyright (C) 2025 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.

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