3900 N FM 1788 offers a prime development opportunity in Midland, Texas. This expansive 161-acre parcel 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 fresh water daily. Additionally, this lot operates on its own primary electric meter, eliminating delivery charges. Plus, it has access to the City of Midland Water Line along the property line. Representing the exceptional prospect for commercial, residential, or industrial development, this attractive asset has the added benefit of potential revenue streams from water and caliche sales. This site boasts 12 acres of prime frontage along FM 1788 and SH 349 which is often frequented by a daily traffic count of 20,000 to 25,000 cars. Positioned as one of the only scarce large tracts available in the vicinity, this commercial land 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). The offering's 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.