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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



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.
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 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 21.98 AC |
| Property Type | Land | ||
| Zoning | BP - Business Park District, I-20 | ||
| Price | $3,165,898 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 21.98 AC |
| Zoning | BP - Business Park District, I-20 |
1 LOT AVAILABLE
Lot
| Price | $3,165,898 CAD | Lot Size | 21.98 AC |
| Price Per AC | $144,035.40 CAD |
| 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
| Parcel Numbers | Improvements Assessment | $441 CAD | |
| Land Assessment | $1,139,686 CAD | Total Assessment | $1,140,127 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,139,686 CAD
Improvements Assessment
$441 CAD
Total Assessment
$1,140,127 CAD
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7601 W County Road 116 - +/- 21.98 acres off I-20
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