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Downtown Midland Warehouse Office

305 E Texas Ave, Midland, TX 79701

For Sale
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Multi-segment warehouse and office building featuring private offices, reception, and five grade-level doors.

Property Size27,000 SF
Lot Size0.62 Acres
Price / SF$85.19
Days on Market925

Property Features for 305 E Texas Ave

General Information

Standard status Active
Size 27,000 SF
Lot size 0.62 Acres
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes
Drive-In Doors 5

Amenities

Reception Area
Multiple Storage Spaces/ File Rooms
Conference Room
Breakroom
Listing Agency: Moriah Brokerage Services
Listed By: Wes Gotcher
Source: Moodyscre
Added: Apr 30, 2024 Changed: Nov 8 Last Checked: Nov 10 at 9:20AM

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 Moriah Brokerage Services

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

305 E Texas is a multi-faceted building with a segmented layout that supports both warehouse and office use. The property includes a largest warehouse component of approximately 12,000 SF, along with two additional areas of approximately 5,000 SF each. The office component is approximately 5,000 SF and functions as the operational hub, with private offices, a reception area, multiple storage spaces/file rooms, a conference room, and a breakroom.

The building is positioned on a corner lot at the intersection of E Texas Ave and N Weatherford St in Downtown Midland, with convenient access to Business 20 and the entirety of Downtown.

As configured, the warehouse area is listed at 22,000 SF and includes one set of private offices, while the office area includes five private offices. Operational access includes five grade-level doors.

Key Highlights

  • 27,000 SF corner lot at E Texas Ave and N Weatherford St in Downtown Midland
  • 22,000 SF warehouse space with (1) warehouse private office
  • 5,000 SF office space with (5) private offices plus reception, conference room, and breakroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Midland Habitat for Humanity Charitable Organization Midland Habitat ReStore Building Supply

Suggested Use

Top Pick Dental Office Pharmacy Gym & Fitness Center Big Box & Wholesale Store Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,267
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Midland, TX

$186 Jul
$224 Aug
$207 Sep
$195 Oct

Properties on Market for Flex space in Midland

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Carter & Burgess Inc — 505 N Big Spring St, Midland, TX 79701
  • Mariquita's Taniche & Catering — 1201 E Front St, Midland, TX 79701

Frequently Asked Questions

What type of property is this?
Flex space - Multi-segment warehouse and office building featuring private offices, reception, and five grade-level doors.
Where is this flex space located?
The property is located at 305 E Texas Ave Midland, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 27,000 SF corner lot at E Texas Ave and N Weatherford St in Downtown Midland; 22,000 SF warehouse space with (1) warehouse private office; 5,000 SF office space with (5) private offices plus reception, conference room, and breakroom
(432) 682-2510 · Office Call to check price and availability
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