Midland Industrial Warehouse
For Sale
Contact for pricing
2703 W Industrial Ave, Midland, TX 79701
Multi-tenant industrial property in established West Texas industrial corridor.
Property Size204,277 SF
Days on Market214
Property Features for 2703 W Industrial Ave
General Information
Standard status
Active
Size
204,277 SF
Class
B
Property subtype
Industrial
Building Details
Year Built
1982
Listing Agency:
LMB Real Estate Group
(817) 840-0055
Listed By:
Joshua Mims · License #TX622070
Source:
Crexi
Added: Jan 27
Changed: Aug 14
Last Checked: Aug 14 at 7:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LMB Real Estate Group
Investment Insights
Based on property information with market context.
Located at 2703 W Industrial Avenue in Midland, Texas, Midland Industrial Warehouse presents an opportunity to acquire a multi-tenant industrial property. Situated within one of West Texas’ most established and active industrial corridors, the property is surrounded by a dense concentration of service, contractor, and energy-related users. The property features a functional shallow-bay industrial layout with flexible unit sizes designed to accommodate a wide range of tenants, including light manufacturing, service-based businesses, and oilfield support users. The asset offers operational functionality with dock-high loading, practical clear heights, and 24/7 access. The diversified tenant mix supports durable cash flow. In-place rents at the property remain below current market levels, presenting an opportunity to capture upside through mark-to-market leasing as space turns. The asset offers value-add potential through targeted capital improvements, enhanced exterior presentation, and operational efficiencies that can further support rent growth and long-term performance. The property provides investors an opportunity to acquire functional industrial product at a discount compared to the cost of new construction. The property size is 204277 square feet.
Key Highlights
- Below replacement cost acquisition opportunity in a high‑demand Texas industrial market.
- Value‑add potential through capital improvements and operational efficiencies.
- Immediate upside through mark‑to‑market leasing due to below‑market in‑place rents.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79701, TX
29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant industrial property in established West Texas industrial corridor.
Where is this flex space located?
The property is located at 2703 W Industrial Ave Midland, TX.
What are key features of this property?
This property features: Below replacement cost acquisition opportunity in a high‑demand Texas industrial market.; Value‑add potential through capital improvements and operational efficiencies.; Immediate upside through mark‑to‑market leasing due to below‑market in‑place rents.
