7601 County Road 116 rd - +/- 21.98 acres off I-20 21.98 Acres of Commercial Land Offered at $2,297,909 in Midland, TX 79706

The property is on CR 1250 and 116, one block south of I-20 and one block North of HWY 80. It is 10 miles from Midland International Air and Spaceport. It lies in the middle of other industrial parks and sits on the caddy corner from the Schlumberger HQ in Midland, TX.
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.