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    5702 Hwy S, Unit 349 Midland, TX 79706

    For Sale
    $875,000

    Other Commercial - Midland, TX

    Property size:
    12,624 SF
    Lot size:
    3.25 Acres
    Days on Market:
    260
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 5702 Hwy S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Covered
    Size
    12,624 SF
    Lot size
    3.25 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2008
    Floors in Building
    1
    Architectural style
    Other

    The Real Estate Ranch LLC (432) 688-8200

    Listing agent Brian Savage (432) 688-8200

    Listing date Mar 21, 2025

    MLS# 50080622 Listing URL

    Copyright © 2025 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Self-Storage Facility with Residential Home

    This property features a self-storage center situated on S HWY 349, one of only two such facilities on this highway. The storage area includes thirty-two 10/10 units and thirty-two 10/20 units. Additionally, there is a 1,848 square foot manufactured home with 3 bedrooms, 2 bathrooms, and a 2-car garage. The storage units are secured with full fencing, a programmable security gate, and camera monitoring. An extra storage building with electricity is located inside the fenced area, suitable for rental or use as an office. There is also an open space rented for RV storage. The storage facility is currently at 54% occupancy, and the home is leased at $2600 per month. The property is located in Midland, TX, and has a lot size of 3.25 acres.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.0593472
    Latitude
    31.9247778

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    FAQs

    What type of property is this?
    Self storage facility - Self-storage facility with residential home for sale in Midland, TX.
    Where is this self storage facility located?
    The property is located at 5702 Hwy S, Unit 349 Midland, TX.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - One of only two self-storage centers on S HWY 349.; - Existing income from leased home at $2600/month.; - **64 total storage units**: 32 (10x10) and 32 (10x20).
    (432) 688-8200
    Request Owner's contact information
    5702 Hwy S, Unit 349 Midland, TX 79706
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    Midland, TX 79706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5702 Hwy S, Unit 349 Midland, TX 79706
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