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    1208 S Midland Dr Midland, TX 79703

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    For Lease
    $18 SF/Yr ($4,500 /Mo)

    Industrial development site with leasable spaces available November 2024.

    Property size:
    3,000 SF
    Lot size:
    1.60 Acres

    Property Features for 1208 S Midland Dr

    General Information

    Size
    3,000 SF
    Lot size
    1.60 Acres

    Source: Moriah Brokerage Services Agent Tommy Reynolds

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

    Overview

    Industrial Development Site For Lease

    This industrial development site will be divided into six individual lease spaces, encompassing four buildings. Two buildings will be stand-alone units of 3,000 square feet each. The other two buildings will each offer 6,000 square feet, with attached but separate 3,000-square-foot units. The development totals 18,000 square feet of leasable space in six separate spaces. Each unit is served by city utilities, paved parking, and a fenced yard or storage area. The estimated delivery date is November 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Gym & Fitness Auto Repair Shop Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.1285242
    Latitude
    31.9719656

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    FAQs

    What type of property is this?
    Industrial property - Industrial development site with leasable spaces available November 2024.
    Where is this industrial property located?
    The property is located at 1208 S Midland Dr Midland, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Development site with 6 individual leasable spaces.; - Total of 18,000 SF of leasable space.; - Four buildings in total.
    (432) 413-6393
    Request Owner's contact information
    1208 S Midland Dr Midland, TX 79703
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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
    1208 S Midland Dr Midland, TX 79703
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