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    1502 N Loop 250 W Midland, TX 79703

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    For Sale
    $1,350,000

    Self-storage warehouse facility with income potential and redevelopment opportunity.

    Property size:
    18,504 SF
    Lot size:
    0.75 Acres

    Property Features for 1502 N Loop 250 W

    General Information

    Size
    18,504 SF
    Lot size
    0.75 Acres

    Source: Moriah Brokerage Services Agent Tommy Reynolds

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

    Overview

    Self-Storage Warehouse Facility For Sale

    This self-storage warehouse facility for sale includes eight 24'x28' units, six 11'x28' units, and two 100'x28' units. The units feature 10'x12' roll-up doors and electricity, with the larger units having multiple 12'x12' doors. The property is currently 100% occupied and offers excellent upside potential to improve rental income and terms. The fenced lot is serviced by city utilities and includes office space in the center warehouse building. Strategically positioned near the intersection of Loop 250 and 191/Andrews Highway, the warehouse facility benefits from high traffic and excellent visibility from the Loop 250 service road. The annual average daily traffic is 46,121 cars (TxDOT 2023). The property has 130' of frontage on 191. This property presents an excellent opportunity for income generation or redevelopment.
    Location Intelligence

    Current Use by Public Records

    Al's Water Store MyOverhead Door Garage Door Supplier Loop 250 warehouse ... Storage Facility Abco Fire Protection ... Fire Protection Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.1521676
    Latitude
    31.9959176

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    FAQs

    What type of property is this?
    Self storage facility - Self-storage warehouse facility with income potential and redevelopment opportunity.
    Where is this self storage facility located?
    The property is located at 1502 N Loop 250 W Midland, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - 100% Occupied: Immediate income generation.; - High Traffic Location: Excellent visibility from Loop 250 service road near the intersection of Loop 250 and 191/Andrews Highway.; - Excellent Upside Potential: Opportunity to improve rental income and terms.
    (432) 413-6393
    Request Owner's contact information
    1502 N Loop 250 W Midland, TX 79703
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    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
    1502 N Loop 250 W Midland, TX 79703
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