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    Midland, TX 79705

    For Sale
    $1,300,000

    7,500 SF Flex Space, $1.3M, Owner/User

    Property size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 7,500-square-foot Class A industrial property presents a unique owner-user opportunity in Midland, Texas. Built in 2019, this single-story building boasts a flexible design suitable for manufacturing, warehousing, or flex-space operations. Located on a 4-acre lot, the property offers ample space for expansion or outdoor storage. The convenient location provides equal and easy access to both I-20 and Garden City Highway, ensuring efficient transportation and logistics. Further enhancing its versatility, the property includes a valuable wash bay and RV hookups, catering to a diverse range of potential uses. The asking price is $1,300,000, translating to a price per square foot of $173.33. The property's APN is R000003-779, and it's situated at E CR-55, Midland, TX 79705 (Midland County). While the permitted zoning is not available, this prime location and versatile design make it an attractive investment for a variety of businesses. The property's modern construction and extensive features make it a highly desirable asset in the competitive Midland market.

    Property Features for 0

    General Information

    Property type
    Distribution properties
    Square Feet
    7,500 SF
    Class
    A
    Lot Size
    174,240 SF

    Building Details

    Year Built
    2019
    Stories
    1

    HighLights

    • $1,300,000 asking price for this 7,500 SF industrial property.
    • Class A industrial building, built in 2019.
    • Flex, manufacturing, and warehouse space available.
    • Owner/user investment opportunity.
    • Located on a 4‑acre lot in Midland, TX (APN: R000003‑779).
    • $173.33/SF price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -101.9804613
    Latitude
    31.8781368

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    FAQs

    What type of property is this?
    Distribution property - 7,500 SF Flex Space, $1.3M, Owner/User
    Where is this distribution property located?
    The property is located at 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: $1,300,000 asking price for this 7,500 SF industrial property.; Class A industrial building, built in 2019.; Flex, manufacturing, and warehouse space available.
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    Midland, TX 79705
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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
    Midland, TX 79705
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