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7601 County Road 116 rd - +/- 21.98 acres off I-20 21.98 Acres of Commercial Land Offered at $1,758,400 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
7601 S. County Road 116 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 | $1,758,400 | 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 | $1,758,400 |
| 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 | $1,758,400 | Lot Size | 21.98 AC |
| Price Per AC | $80,000.00 |
| Price | $1,758,400 |
| Price Per AC | $80,000.00 |
| 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 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 Numbers | Improvements Assessment | $320 | |
| Land Assessment | $827,220 | Total Assessment | $827,540 |
Property Taxes
Presented by
7601 County Road 116 rd - +/- 21.98 acres off I-20
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