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    2215 W Florida Ave Midland, TX 79701

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    For Sale
    Contact for pricing

    Eight self-storage facilities in Midland and Odessa, Texas.

    Property size:
    34,485 SF
    Lot size:
    0.45 Acres

    Property Features for 2215 W Florida Ave

    General Information

    Size
    34,485 SF
    Lot size
    0.45 Acres

    Source: JLL | Dallas Agent Adam Roossien

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

    Overview

    Midland/Odessa Self Storage Portfolio

    The Midland/Odessa Self Storage Portfolio consists of eight self-storage facilities located in Midland and Odessa, Texas. Constructed in the late 1990s and subsequently updated, the portfolio totals 223,541 rentable square feet. The properties are currently 80.3% physically leased, offering opportunities to increase revenue through additional lease-up and strategic optimization of rental rates. The portfolio's location in the Permian Basin provides access to a thriving economy with strong self-storage demand. The properties are being offered as a single portfolio, but the seller is also open to splitting the sale into sub-portfolios or individual property sales.
    Location Intelligence

    Current Use by Public Records

    Texas Crime & Investigations Private Investigator Phoenix Bail Bonds Bail Bonds Service A-Z Mini Storage ... Mover KO Storage Self-Storage Facility Midland Lock Storage- ... Self-Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop 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
    -102.0944323
    Latitude
    31.9834017

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    FAQs

    What type of property is this?
    Self storage facility - Eight self-storage facilities in Midland and Odessa, Texas.
    Where is this self storage facility located?
    The property is located at 2215 W Florida Ave Midland, TX.
    What are key features of this property?
    This property features: - High-quality self-storage portfolio in the thriving Midland/Odessa, Texas market.; - Portfolio offers immediate scale with 223,541 rentable square feet across eight facilities.; - Strong in-place cash flow with 80.3% physical occupancy.
    (214) 265-0880
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    2215 W Florida Ave Midland, TX 79701
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    Midland, TX 79701
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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
    2215 W Florida Ave Midland, TX 79701
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