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7401 W County Road 116
Midland, TX 79706
Commercial Development Opportunity Near I-20 · Land For Sale
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21.81 AC
Investment Highlights
- Near I-20 & Business I-20/Hwy 80
- Spanish Trails Lift Station POA | Access to City of Midland Utilities
- 3-Phase Power in the Area
- Accessible from the New I-20 Interchange
- Income Producing Cell Tower Conveys with Property
- Raw Land | Development Opportunity
Executive Summary
Positioned in a convenient Midland location between I-20 and Hwy 80/Business I-20, this 21.81 Acre parcel offers a strong opportunity for industrial or commercial development. The raw land provides flexibility for a variety of future uses, with access to the Spanish Trails Lift Station POA, City of Midland utilities, and 3-Phase power in the area. The property is also accessible from the new Interstate 20 interchange, providing convenient connectivity to Midland’s key transportation routes. Located near new industrial development and established major industrial users, the site benefits from a growing commercial corridor. An income-producing cell tower also conveys with the property, providing an additional revenue opportunity. Contact Tucker Schneemann for more details.
Property Facts
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 21.81 AC |
| Property Type | Land | ||
| Zoning | BP - I-20 Business Park District | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 21.81 AC |
| Zoning | BP - I-20 Business Park District |
1 Lot Available
Lot
| Price | $1,950,000 | Lot Size | 21.81 AC |
| Price Per AC | $89,408.53 |
| Price | $1,950,000 |
| Price Per AC | $89,408.53 |
| Lot Size | 21.81 AC |
This property is centrally located between I-20 and Business I-20/Hwy 80, just south of Midland International Air and Space Port and between Midland and Odessa, providing convenient access to key routes throughout the Permian Basin.
Property Taxes
| Parcel Numbers | Improvements Assessment | $10,740 | |
| Land Assessment | $705,720 | Total Assessment | $716,460 |
Property Taxes
Parcel Numbers
Land Assessment
$705,720
Improvements Assessment
$10,740
Total Assessment
$716,460
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