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7601 County Road 116 rd - ±21.98 Acres | Prime Light-Industrial Develop 21.98 Acres of Commercial Land Offered at $2,435,806 CAD in Midland, TX 79706
Investment Highlights
- +/- 21.98 Acres Industrial Yard Land - Inside City Limits
- Between I-20 and Business 20 (Hwy 80) ~900’ to I-20 overpass
- Fully fenced + secured with two cantilever gates
- Dual frontage: ±700’ SCR 1250 + ±1,230’ WCR 116
- Zoned BP (Business Park District, I-20)
- Outside flood zone (per Midland GIS)
Executive Summary
The site features dual road frontage with approximately 700 feet along S County Rd 1250 and ±1,230 feet along W County Rd 116, allowing for flexible site planning, multiple access points, and phased development strategies.
Situated between I-20 and Business 20 (Highway 80), the property is surrounded by established industrial users and is located caddy-corner from Schlumberger’s Midland headquarters, reinforcing its position within a highly active industrial and energy services corridor.
Zoned BP (Business Park District – I-20) and located within Midland city limits, the property benefits from access to municipal utilities, including a 12” water line along S County Rd 1250. The site is outside the FEMA flood zone and is fully fenced with dual cantilever gate access.
Large, contiguous tracts within close proximity to I-20 and inside city limits are increasingly scarce, making this offering one of the few remaining opportunities for developers, investors, or owner-users seeking a strategic footprint in Midland’s core industrial market.
Ideal uses include multi-tenant flex, distribution, yard development, or build-to-suit industrial projects.
?? Key Highlights (Bullet Section for Platforms)
±21.98 contiguous acres
$80,000 per acre ($1.84/SF)
±900 feet to I-20
Dual frontage: ±700’ (SCR 1250) & ±1,230’ (WCR 116)
Zoned BP (Business Park District – I-20)
Located inside Midland city limits
Outside flood zone (per Midland GIS)
12” municipal water line nearby
Fully fenced with dual gate access
Ideal for phased industrial development
Property Facts
| Price | $2,435,806 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 21.98 AC |
| Property Type | Land | ||
| Zoning | BP - BP -Business Park | ||
| Price | $2,435,806 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 21.98 AC |
| Zoning | BP - BP -Business Park |
1 Lot Available
Lot
| Price | $2,435,806 CAD | Lot Size | 21.98 AC |
| Price Per AC | $110,819.20 CAD |
| Price | $2,435,806 CAD |
| Price Per AC | $110,819.20 CAD |
| Lot Size | 21.98 AC |
Midland industrial yard; I-20 industrial land; oilfield service yard Midland; truck yard Midland TX; Permian Basin industrial land; equipment staging yard; laydown yard Midland.
Description
Premium light industrial yard land opportunity in Midland’s primary energy corridor. This ±21.98-acre tract is located less than 900 feet from the I-20 overpass and offers dual road frontage with approximately 700 feet on SCR 1250 and approximately 1,230 feet on WCR 116. Positioned between Interstate 20 and Business 20 (Highway 80), the site provides efficient access to oilfield service hubs, logistics routes, and regional operations. The tract is inside Midland city limits, zoned BP (Business Park District, I-20), outside the flood zone (per Midland GIS), fully fenced, and secured with two cantilever gates providing access from SCR 1250 and WCR 116. Ideal for equipment staging, pipe/material storage, oilfield service yard use, contractor laydown, fleet/truck parking, and industrial contractor base operations.
Property Taxes
| Parcel Number | R000007-682 | Improvements Assessment | $436 CAD |
| Land Assessment | $961,854 CAD | Total Assessment | $962,290 CAD |
Property Taxes
Presented by
7601 County Road 116 rd - ±21.98 Acres | Prime Light-Industrial Develop
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