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3900 N FM 1788 - P4 Equestrian Center
6.1 - 93.81 Acre Agricultural Land Lots Offered at £3,579,709 - £9,389,400 Per Lot in Midland, TX 79707
Investment Highlights
- 1000' of FM1788/SH349 Frontage - 12+/- Acres of Frontage w/ 25k Daily Traffic Count
- Capable of producing 45,000+/- Barrels of fresh water daily
- 55+/- Acre Developed Caliche Reserve with estimated 3.1 Million Tons of TXDOT Spec Material
- Single Primary Meter Electricity, No Delivery Charges
- Access to City of Midland Water Line along property line
- Four Miles from Midland International Airport and Four Miles to Zoo Midland (Opening 2027)
Executive Summary
- 25,000 Daily Traffic Count
- Electricity provided through a single primary meter with overhead lines owned by the landowner, eliminating delivery charges.
- 40 Producing Water Wells
- Most wells drilled and placed in service 2017-2019
- Tests and production indicate 45,000+/- bbls of daily production
- Hydrology report confirms 17.5 to 21 million bbls annual capability
- 575,000bbls of water storage
- Water delivered to pits and neighboring pits via flat line delivery.
Hydrology report and other supporting documentation is available upon request.
Property Facts
| Price | £3,579,709 - £22,468,052 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Agricultural |
| Sale Conditions | 1031 Exchange | Total Lot Size | 161.69 AC |
| No. Lots | 4 |
| Price | £3,579,709 - £22,468,052 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Lots | 4 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 161.69 AC |
4 Lots Available
Lot 1
| Price | £3,630,568 | Lot Size | 6.19 AC |
| Price Per AC | £586,522 |
| Price | £3,630,568 |
| Price Per AC | £586,522 |
| Lot Size | 6.19 AC |
RARE FM 1788 Commercial Frontage!! Lot 1 is approximately 6.19 acres and has 530+/- feet of FM1788 frontage and is 560+/- deep. This location coupled with the high daily traffic count and lack of restaurants in the area would be perfect for fast food
Lot 2
| Price | £3,579,709 | Lot Size | 6.10 AC |
| Price Per AC | £586,838 |
| Price | £3,579,709 |
| Price Per AC | £586,838 |
| Lot Size | 6.10 AC |
RARE FM 1788 Commercial Frontage!! Lot 2 is 6.1+/- acres with 470+/- feet of frontage and 600+/- depth. This location has a high daily traffic count and a city water main on the south line.
Lot 3
| Price | £9,389,400 | Lot Size | 93.81 AC |
| Price Per AC | £100,090 |
| Price | £9,389,400 |
| Price Per AC | £100,090 |
| Lot Size | 93.81 AC |
Perfect for commercial, residential or mixed use development. Property can be used for commercial water sales with over 50,000bbls per day production. 440v electricity, city water main, 2970'+/- x 1347'+/-
Lot 4
| Price | £5,868,375 | Lot Size | 55.59 AC |
| Price Per AC | £105,565 |
| Price | £5,868,375 |
| Price Per AC | £105,565 |
| Lot Size | 55.59 AC |
CALICHE PIT! This 55+/- acres offers 3.1 million tons of TX-DOT spec material! Centrally located between Midland and Odessa where the material is in high demand. 440v electricity, city water main, shared road access.
Description
Prime Development Opportunity in Midland! This expansive 161+/- acre parcel is primed and poised for development. Boasting 12+/- acres of prime frontage along FM 1788/SH349 (daily traffic count 20-25k), it features a substantial 55-acre caliche pit housing around 3.1 million tons of TXDOT spec material, along with an impressive array of 40 water wells capable of yielding 45,000+/- barrels of freshwater daily. Additionally, it enjoys access to city water line and operates on its own primary electric meter, eliminating delivery charges. This property represents an exceptional prospect for commercial, residential, or industrial development, with the added benefit of potential revenue streams from water and caliche sales. Positioned as one of the scarce large tracts available in the vicinity, it stands ripe for development. Strategically situated between Midland and Odessa, beyond both city limits, the property sits a mere four miles from both the Midland International Air & Space Port and the forthcoming Zoo Midland (anticipated opening in mid-2027). Its proximity to these key landmarks makes it ideally suited for a range of ventures, including restaurants, hotels, retail outlets, residential complexes, commercial enterprises, or light industrial projects.
zoning
| Zoning Code | None |
| None |
Presented by
ALLIANCE REALTY & AUCTION
3900 N FM 1788 - P4 Equestrian Center
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