Permian Basin Development Site | 21.98 Acres | I-20 Corridor

7601 W County Rd. 116 Midland, TX
+/- 21.98 acres
Available
Property ID: IWI-00006
Sale
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Overview

Land Size: +/- 21.98 acres

Description

Prime light industrial land for sale in Midland, TX, located in the heart of the Permian Basin energy corridor. This ±21.98 acre development site sits less than 900 feet from Interstate-20 and offers exceptional access, visibility, and scalability for industrial users, investors, and developers.

Prime Light Industrial Land Development Opportunity – Midland, TX

This 21.98 acre industrial property in Midland TX is one of the few remaining large contiguous tracts located inside city limits. Positioned between Interstate-20 and Business 20 (Highway 80), the site provides direct connectivity to Midland, Odessa, and key logistics routes across the Permian Basin

The property offers approximately 700 feet of frontage on SCR 1250 and 1,230 feet on WCR 116, allowing flexible site planning, multiple access points, and phased industrial development.

Positioned between Interstate-20 and Business 20 (Highway 80), the location provides efficient connectivity to Midland, Odessa, the Permian Basin energy corridor, and regional logistics routes.

The tract is located inside Midland city limits, is zoned BP (Business Park District – I-20), and sits outside the FEMA flood zone according to Midland GIS.

The property is fully fenced with dual cantilever gate access and is well suited for industrial yard use, equipment staging, contractor operations, or phased industrial park development.

Ideal Uses

This Midland TX industrial land is well suited for:

• Build-to-suit warehouse or industrial facilities

• Industrial outdoor storage (IOS)

• Oilfield service yard

• Equipment and contractor yard

• Distribution and logistics yard

• Multi-tenant flex industrial park

Location Advantages

Located in Midland’s primary energy services corridor, this site is surrounded by established industrial operators and infrastructure. The Permian Basin continues to drive demand for industrial land, outdoor storage (IOS), and logistics yards, making this property highly attractive for long-term investment and development.

•Less than 900 feet from Interstate-20

•Located between I-20 and Highway 80

•Inside Midland city limits In the Permian Basin energy corridor

•Near major oilfield service companies

•Strong regional connectivity to Odessa and West Texas

Zoning & Utilities

The property is zoned BP (Business Park District – I-20) and is located outside the FEMA flood zone per Midland GIS.

• City water and sewer available

• Gas and power on-site

• Fully fenced with dual cantilever gates

•Outside FEMA flood zone

Investment highlights

• ±21.98 Acres Industrial Yard Land
• $80,000 Per Acre
• $1.84 / SF Land Basis
• Dual Frontage: ~700′ SCR 1250 & ~1,230′ WCR 116
• ~900′ From Interstate-20
• Zoned BP – Business Park District
• Inside Midland City Limits
• Fully Fenced With Dual Cantilever Gates
• Outside FEMA Flood Zone
• Ideal for Industrial Yard / Flex Development