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7601 W County Road 116 - +/- 21.98 acres off I-20 21.98 Acres of Commercial Land Offered at $3,165,898 CAD in Midland, TX 79706

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EXECUTIVE SUMMARY

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 $3,165,898 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
Total Lot Size 21.98 AC
Zoning BP - Business Park District, I-20

1 LOT AVAILABLE

Lot

Price $3,165,898 CAD
Price Per AC $144,035.40 CAD
Lot Size 21.98 AC

21.98 acres with visibility from both I-20 and business HWY 80.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R000185-364
  • R000007-682
Land Assessment
$1,139,686 CAD
Improvements Assessment
$441 CAD
Total Assessment
$1,140,127 CAD
  • Listing ID: 38748663

  • Date on Market: 2025-12-11

  • Last Updated:

  • Address: 7601 W County Road 116, Midland, TX 79706

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