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Industrial Land with Cell Tower
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7401 W County Rd 116, Midland, TX 79706

Raw industrial land with utility access, nearby transportation connections, and an income-producing cell tower conveying with the property.

Property Size21 SF
Lot Size21.81 Acres
Price / SF$92,857
Days on Market10

Property Features for 7401 W County Rd 116

General Information

Standard status Active
Size 21 SF
Lot size 21.81 Acres
Property subtype LAND
Listing Agency: NRG Realty Group - Midland/Odessa
Listed By: Tucker Schneemann · License #TX 767730
Source: Moodyscre
Added: Aug 20 Changed: Aug 25 Last Checked: Aug 29 at 6:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NRG Realty Group - Midland/Odessa

Investment Insights

Based on property information with market context.

This raw industrial land tract is located at 7401 W County Rd 116 in Midland, Texas. An income-producing cell tower conveys with the property, providing an existing revenue-producing improvement. The site also has access to City of Midland utilities, while 3-phase power is available in the area.

Transportation access includes proximity to I-20 and Business I-20/Hwy 80, with access from the New I-20 Interchange. The property is near established industrial users and future development. Spanish Trails Lift Station POA is also associated with the property.

Key Highlights

  • Income‑producing cell tower conveys with the property
  • Access to City of Midland utilities
  • 3‑phase power in the area

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Auto Parts Store Garden Center Grocery & Convenience Store Bakery Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby

Demographics for 79706, TX

31,805
Population
12,368
Households
2.6
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
689.5 sq mi
ZIP Area
46
Density / Sq Mi
$110,988
Median Household Income
$58,023
Median Earnings
$897
Median Rent
$280,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Raw industrial land with utility access, nearby transportation connections, and an income-producing cell tower conveying with the property.
Where is this industrial land located?
The property is located at 7401 W County Rd 116 Midland, TX.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Income‑producing cell tower conveys with the property; Access to City of Midland utilities; 3‑phase power in the area
(432) 661-4880 Call to check price and availability
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