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- LoopNet Team
8508 US Highway 385 N
Odessa, TX 79766
Land For Sale · 25.00 AC
Investment Highlights
- 20 +/- Wells Can Run 10,000 Plus Barrels a Day
- 4) "Short" 1000 Barrel Tanks provide off site water sales
- 820 sqft 2 bedroom
- 10,000 barrels is based on the operation wells
- 6) White Steel 300 Barrel Tanks provide on-site sales
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 25.00 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 25.00 AC |
Description
25 plus acres w/ additional 5 acres of water rights, 2.5 Acre Caliche Pad off 385 for on-site sales, Located off Hwy 385 Under 3 Miles South of FM 1787 known to Locals as "Wilson's Corner" Has ROW & Easements to Meador Ranch & Provides Majority of Water to that Ranch. Also does Drive Thru Traffic. The Owners have focused on another Area & are not currently operating this site. Lots of Drilling Activity in the Area, 20 +/- Wells Can Run 10,000 Plus Barrels a Day, Some of the Wells are not running currently but can be reworked, the 10,000 barrels is based on the operation wells. (4) "Short" 1000 Barrel Tanks provide off site water sales & (6) White Steel 300 Barrel Tanks provide on-site sales. Additionally 820 sqft 2 bedroom Could be an On-site Manager House or Rental, New Electric & New AC.Directions: Located off Hwy 385 Under 3 Miles South of FM 1787 known to Locals as "Wilson's Corner" - 13.5 Miles South of I-20 on East Side of Road (Look For a Big Pink Flamingo Haha)
PROPERTY TAXES
| Parcel Number | 3157 | Improvements Assessment | £14,435 |
| Land Assessment | £40,195 | Total Assessment | £54,630 |
PROPERTY TAXES
