7909 FM 1788
7909 N FM 1788 presents 166.5 total acres of potential investment at $61,862 per acre. Positioned for various development ventures, this property offers strategic opportunities in a dynamic economic landscape. Proposed uses include commercial, residential, and water development, catering to diverse investment interests.
Key features of the property include a substantial 1 million BBL frac pond, 16 water wells producing a combined 600+ gallons per minute, and a 7,500 square foot equipment shop, enhancing operational capabilities. With 1,650 feet of frontage along FM 1788 and 3,700 feet along Hwy 158, the property ensures visibility and accessibility, complemented by the steady traffic of over 6,000 vehicles reported daily on both roads.
Water resources play a pivotal role in the Permian Basin's operations, making the property's robust water infrastructure, along with the sizable frac po...
Water resources play a pivotal role in the Permian Basin's operations, making the property's robust water infrastructure, along with the sizable frac pond, a valuable asset for potential expansion. Additionally, with an acceptable offer, two residences situated on 15 acres can be included, enhancing the property's versatility. Conveniently located just 11 miles from Midland Airport, accessibility is further enhanced, facilitating seamless operations and connectivity.
7909 N FM 1788 Midland, Tx 79707
Lot Size: 166.5 total acres
Price: $61,862 per acre/ $10,300,000
Proposed Uses: Commercial, Residential, Water Development
Infrastructure:
1 million BBL frac pond
16 water wells producing 600+ combined gallons per minute
7,500 square foot equipment shop
2 Residential houses
Location:
1,650 feet of FM 1788 road frontage
3,700 feet of HWY 158 road frontage
Over 6,000 vehicles per day on FM 1788 and HWY 158
11 miles from Midland Airport
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