0000 Highway 17 Rd Verhalen, TX 79772
- Land
- 315.00 lot acres
Current Use by Public Records
- Land
Property Details for 0000 Highway 17 Rd
- Lot size
- 315.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
Exceptional investment opportunity in Reeves County, Texas, presents 315 acres of prime commercial and industrial land. This property boasts a substantial 500,000-barrel freshwater pit, consistently supplying up to 5,000 gallons per minute to fracking companies via four irrigation wells (three new wells equipped with 8-inch pumps, new column pipe, newer shafting and tubing, and electric motors; one used 3306 Caterpillar engine with a new 8-inch pump, casing, shafting, tubing, 1-1 gearhead, and lay-flat lines to the water pit). Additional features include a barn, a house well, and a windmill well. The property's strategic location along Highway 17 in Pecos, Texas (79772), offers easy access and visibility. This turnkey operation presents a highly lucrative market for high-demand freshwater in the Pecos area, ideal for an industry-related company seeking expansion or an experienced investor. Detailed financials are available upon request with a signed confidentiality agreement. Directions: From I-20, take Highway 17 South approximately 10-12 miles, then turn west onto County Road 126. The property is situated at the corner of Highway 17 and County Road 126, with the water pit visible from the highway. Asking price: $6,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Verhalen
- County
- Reeves
- State
- Texas
- Longitude
- -103.565
- Latitude
- 31.242
