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    931 E County Road 140 Midland, TX 79706

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    For Sale
    $6,200,000

    21.698-acre industrial tract with multiple buildings and NNN leases.

    Lot size:
    21.70 Acres

    Property Features for 931 E County Road 140

    General Information

    Lot size
    21.70 Acres

    Source: The Real Estate Ranch Agent Thomas Johnston

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Permian Basin Industrial Investment Opportunity

    This 21.698-acre tract is located in a prime industrial area of the Permian Basin, offering convenient access to Highway 349 and I-20, which facilitates connectivity to key areas in Midland. The property is situated approximately 20 minutes from the airport. The investment portfolio includes several buildings ranging in size from 5,000 to 7,500 square feet, all located on large, well-maintained tracts. The property is fully leased with all NNN (Triple Net) leases in place, presenting an opportunity for investors looking to expand their portfolio in a rapidly growing market.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Food Market Storage Facility Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.046424
    Latitude
    31.9323

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    FAQs

    What type of property is this?
    Industrial property - 21.698-acre industrial tract with multiple buildings and NNN leases.
    Where is this industrial property located?
    The property is located at 931 E County Road 140 Midland, TX.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: - Fully leased with NNN (Triple Net) leases in place, providing immediate income.; - Located in a prime industrial area of the Permian Basin.; - Easy access to Highway 349 and I-20.
    (432) 934-3333
    Request Owner's contact information
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

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

    Relative

    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
    931 E County Road 140 Midland, TX 79706
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