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Industrial Flex Property with Canopy Workspace
New
For Sale
$1,300,000

3105 Bankhead Hwy, Midland, TX 79701

Commercial Sale, Midland, TX

Property Size14,080 SF
Lot Size2.18 Acres
Price / SF$92.33
Days on Market2

Property Features for 3105 Bankhead Hwy

General Information

Property type Commercial Sale
Property subtype Other
Subdivision ME7
Standard status Active
Size 14,080 SF
Lot size 2.18 Acres

Taxes and HOA fees

Tax Description Acres: 5.090, Subd: HOWARD MCCARROLL, BLK: 001, LOT: 001, ADDN: HOWARD MC CARROLL
Tax Annual Amount 5979
Legal Description Acres: 5.090, Subd: HOWARD MCCARROLL, BLK: 001, LOT: 001, ADDN: HOWARD MC CARROLL

Building Details

Year built 1960
Listing Agency: NRG Realty Group, LLC
Listed By: Amy Brasher Barnett, CCIM · License #514276
Added: Oct 14 Last Checked: Oct 15 at 10:06PM
MLS# 50099015

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Located within Midland city limits, this flex property includes two shop buildings and a canopy workspace on 2.18 acres. The primary shop totals 10,000 square feet, arranged as four spaces with three offices, a conference room, storage, and an air-conditioned apartment. Mezzanine storage, LED lighting, skylights, and two 12-by-14-foot overhead doors are also included; ceiling height ranges from 17.5 to 18 feet.

The secondary shop provides 4,000 square feet, with a 16-by-12-foot overhead door, a 20-by-14-foot sliding door, new LED lighting, and 15-foot ceilings. The covered work area measures 65 by 40 feet. City water and a water well producing 40–50 GPM serve the property.

The site fronts Bankhead Hwy and has an easement for rear access to Kentucky Ave. The property was built in 1960.

Key Highlights

  • Two shop buildings total 14,000 SF: a 10,000 SF primary shop and a 4,000 SF secondary shop
  • Primary shop is divided into 4 spaces and includes 3 offices, storage, a conference room, and an apartment with AC
  • Primary shop features two 12'x14' overhead doors and 17.5'–18' ceiling height

Property Analytics

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Current Use

Skin Bloom (Bike/Boat/Book/etc) Store Kyros Global Group ... Holding Company

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Restaurant Hair Salon

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby
Under-served
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
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Heroes Meals — 3303 W Illinois Ave space 9, Midland, TX 79703

Frequently Asked Questions

What type of property is this?
Flex space - Two shop buildings combine office, storage, an apartment, and covered work space on a 2.18-acre parcel.
Where is this flex space located?
The property is located at 3105 Bankhead Hwy Midland, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two shop buildings total 14,000 SF: a 10,000 SF primary shop and a 4,000 SF secondary shop; Primary shop is divided into 4 spaces and includes 3 offices, storage, a conference room, and an apartment with AC; Primary shop features two 12'x14' overhead doors and 17.5'–18' ceiling height
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