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7401 W County Road 116 - 21.98 Acres with excellent visability 21.98 Acres of Commercial Land Offered at $3,168,643 CAD in Midland, TX 79706

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INVESTMENT HIGHLIGHTS

  • Can be divided
  • Water across the street to the East
  • Fully fenced and secured
  • +/- 700' Frontage - SCR1250; +/-1.230" on WCR116
  • Not in a Flood Zone per Midland GIS data
  • Located between two major thoroughfares I-20 and Business HWY 80

EXECUTIVE SUMMARY

The property is on CR 1250 and 116, one block south of I-20 and one block North of HWY 80. It is 10 miles from Midland International Air and Spaceport. It lies in the middle of other industrial parks and sits on the caddy corner from the Schlumberger HQ in Midland, TX.
7601 S. County Road 1160 is situated in Midland, Texas, a central hub within the Permian Basin —one of the most prolific shale plays in the United States. Midland is a key city in this oil-rich region, known for its extensive oil and gas exploration and production activity. The property is conveniently located within the heart of the Permian Basin, providing easy access to the numerous drilling sites, oil fields, and industry infrastructure that characterize this world leading energy corridor.
The Permian Basin covers over 90,000 square miles and spans parts of western Texas and southeastern New Mexico. Midland is a significant city within this basin and acts as a strategic center for oilfield services, transportation, and administrative operations. The 7601 S. County Road 1160 location is close to major transportation routes such as Interstate 20, facilitating quick access to other key sites across the basin. This position is advantageous for involvement in the ongoing energy development that has made the Permian Basin the most prolific shale player in the nation.

PROPERTY FACTS

Price $3,168,643 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 21.98 AC

1 LOT AVAILABLE

Lot

Price $3,168,643 CAD
Price Per AC $144,160.29 CAD
Lot Size 21.98 AC

+/- 22 contiguous acres for sale with an active cell tower lease which generates an income.

DESCRIPTION

Located just off Interstate 20, the property fronts South County Road 1250 with approximately 700 feet of frontage and West County Road 116 with approximately 1,230 feet. This property sits between two heavily trafficked highways, Interstate 20 and Highway 80 (Business 20). In 2023, traffic counts were 14,303 cars per day (I-20) and 12,259 cars per day (Business 20).

  • Listing ID: 38748856

  • Date on Market: 2025-12-11

  • Last Updated:

  • Address: 7401 W County Road 116, Midland, TX 79706

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