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4326 TX 158 - Oil Field Site 12 Acres of Industrial Land Offered at $700,000 in Midland, TX 79706
INVESTMENT HIGHLIGHTS
- Several water tanks present
- Leased to Mid River Midstream as operator of SWD
EXECUTIVE SUMMARY
Hilco Global's real estate group is pleased to offer this oilfield service portfolio, with locations across Texas. The properties are being sold individually or in any combination as part of the Chapter 11 bankruptcy of Water Energy Services, LLC, a water and wastewater management company currently optimizing their portfolio.
The portfolio consists of land parcels, saltwater disposal well (SWD) sites and industrial buildings, many of which include designated office space. Property sizes range from 1.24± to 70.61± acres, with building footprints between 1,485± and 18,000± square feet. Most assets are strategically located within key oil-producing regions including the Permian Basin, Eagle Ford Shale and Barnett Shale.
Bankruptcy Sale: Subject to approval by U.S. Bankruptcy Court Western District of Texas (San Antonio). In re: Water Energy Services, LLC | Case # 25-50539-MMP
The portfolio consists of land parcels, saltwater disposal well (SWD) sites and industrial buildings, many of which include designated office space. Property sizes range from 1.24± to 70.61± acres, with building footprints between 1,485± and 18,000± square feet. Most assets are strategically located within key oil-producing regions including the Permian Basin, Eagle Ford Shale and Barnett Shale.
Bankruptcy Sale: Subject to approval by U.S. Bankruptcy Court Western District of Texas (San Antonio). In re: Water Energy Services, LLC | Case # 25-50539-MMP
PROPERTY FACTS
| Price | $700,000 | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.00 AC |
| Property Type | Land | ||
| Zoning | None - Unincorporated Midland County | ||
| Price | $700,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 12.00 AC |
| Zoning | None - Unincorporated Midland County |
1 LOT AVAILABLE
Lot
| Price | $700,000 | Lot Size | 12.00 AC |
| Price Per AC | $58,333.33 |
| Price | $700,000 |
| Price Per AC | $58,333.33 |
| Lot Size | 12.00 AC |
Flat industrial parcel with leased salt water disposal units
1 1
PROPERTY TAXES
| Parcel Number | R000000-909 | Improvements Assessment | $19,990 |
| Land Assessment | $124,880 | Total Assessment | $144,870 |
PROPERTY TAXES
Parcel Number
R000000-909
Land Assessment
$124,880
Improvements Assessment
$19,990
Total Assessment
$144,870
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4326 TX 158 - Oil Field Site
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