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14000 I-20 Midland Tx Midland, TX 79705

For Sale
$2,950,000

7,550 SF Flex Space, 22 Acres, I-20 Frontage

Property size:
7,550 SF

Description

Added:
Dec 11, 2024
Days on Market:
361
This exceptional investment opportunity presents a 7,550-square-foot Class A flex space situated on a substantial 22.38-acre lot at 14000 W I-20 in Midland, Texas, zip code 79705. The property boasts a prime location directly off Interstate 20, ensuring unparalleled visibility and accessibility. Built in 2006 and renovated in 2013, this single-story building offers immediate income potential through leasing or owner-occupancy. The property includes one building with a permitted industrial zoning, allowing for diverse commercial uses, from retail to industrial operations. Midland's thriving economy, fueled by the oil and gas sector and a growing population, creates strong demand for commercial real estate, enhancing the long-term investment value. The asking price is $2,950,000, translating to $131,814.12 per acre, reflecting the strategic location and market appreciation potential. This property offers a unique blend of immediate income generation and future development upside, making it an attractive investment in a dynamic market. The property's location provides easy access to major highways and is approximately 8 miles from Midland International Airport. Nearby amenities include a variety of retail stores, restaurants, and service providers. This is a single-tenant property.

Property Features for 14000 I-20 Midland Tx

General Information

Property type
Flex space
Square Feet
7,550 SF
Class
A
Lot Size
974,873 SF

Building Details

Year Built/Renovated
2006/2013
Buildings
1
Stories
1
Units
1

HighLights

  • I‑20 frontage offers excellent visibility and accessibility.
  • High demand for commercial properties in Midland's robust oil and gas economy.
  • Existing buildings provide immediate income potential through leasing or owner‑occupancy, with future development upside.
  • Midland's population growth increases long‑term commercial real estate value.
  • $2,950,000 asking price reflects strategic location and market appreciation potential; $131,814.12 per acre.
  • Zoning permits diverse commercial uses, appealing to a wide range of buyers.
Property Profile Location Intelligence

Current Use by Public Records

Flex space

Map

City
Midland
County
Midland
State
Texas
Longitude
-102.268101
Latitude
31.885395

FAQs

What type of property is this?
Flex space - 7,550 SF Flex Space, 22 Acres, I-20 Frontage
Where is this flex space located?
The property is located at 14000 I-20 Midland Tx Midland, TX.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: I-20 frontage offers excellent visibility and accessibility.; High demand for commercial properties in Midland's robust oil and gas economy.; Existing buildings provide immediate income potential through leasing or owner-occupancy, with future development upside.
More about this property
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