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    10818 Tx-191 Midland, TX 79707

    For Lease
    $90,000

    Modern Flex Space, 3,000 sq ft, High Ceilings

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional Class A commercial property, located at 10818 Highway 191, Midland, TX 79707, offers 3,000 square feet of versatile space ideal for a variety of businesses. Built in 2022, this single-story building boasts a flexible layout encompassing warehouse and office areas. The office space comprises approximately 1350 square feet and features four private offices, a conference room, a kitchen, and two bathrooms. The warehouse area includes a 14' x 14' overhead door with single-phase electric. Adding to its functionality is a fenced exterior area providing additional storage, and a separate 40' x 50' shop with a 14' overhead door. The building benefits from high ceilings ranging from 24 to 28 feet. Conveniently situated near the intersection of Highway 191 and FM 1788, this property offers excellent access to major transportation routes. City utilities are available. The lease is a triple net lease with a base rent of $5500 per month plus NNN. The property is zoned for commercial use and is available for lease starting January 2025.

    Property Features for 10818 Tx-191

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF
    Class
    A
    Total Rate
    90000

    Building Details

    Year Built
    2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,000 SF
    Rate per SF
    $90,000

    HighLights

    • Metal building construction with concrete slab foundation.
    • Office/warehouse property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.2347165
    Latitude
    31.9783909

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    FAQs

    What type of property is this?
    Office space - Modern Flex Space, 3,000 sq ft, High Ceilings
    Where is this office space located?
    The property is located at 10818 Tx-191 Midland, TX.
    What is the lease rate?
    The lease rate is $90,000.
    What are key features of this property?
    This property features: Metal building construction with concrete slab foundation.; Office/warehouse property.;
    Request Owner's contact information
    10818 Tx-191 Midland, TX 79707
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    Midland, TX 79707
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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
    10818 Tx-191 Midland, TX 79707
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