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    9817 Interstate 20 Midland, TX 79706

    For Lease
    Contact for pricing

    24,000 SF Warehouse, Midland, TX

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 24,000-square-foot Class-A industrial warehouse, situated on a five-acre lot near Interstate 20 in Midland, Texas, presents a unique opportunity. Built in 2024, this single-tenant facility boasts a 26-foot ceiling height, ten drive-in bays, and a fully enclosed drive-through wash bay. The building is designed to accommodate a 10-ton crane. The office space, initially planned at 2,400 square feet, is highly customizable and can be expanded on the first floor and/or a mezzanine level to meet specific business needs. Located outside city limits, the property benefits from city water and AT&T fiber internet access. There's also the potential to expand onto an additional 3.87 acres. Construction began November 1, 2024, and is scheduled for completion February 1, 2025. This prime location in the Permian Basin offers unparalleled access and flexibility for businesses seeking a modern, custom-built facility. The property is zoned for industrial use. This is an ideal solution for distribution and warehousing operations seeking a state-of-the-art space.

    Property Features for 9817 Interstate 20

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF

    Building Details

    Year Built
    2024
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    24,000 SF

    HighLights

    • 24,000 SF Class‑A industrial warehouse on ±5 acres.
    • 2,400 SF customizable office space, expandable to a mezzanine level.
    • 10‑ton crane capacity.
    • Ten drive‑through bays and an enclosed drive‑through wash bay.
    • City water and AT&T fiber internet access.
    • Construction started November 1, 2024, estimated completion February 1, 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Clothing Store Kitchen & Bath Food Market Accounting Firm Grocery Store Electronics Store Shopping Mall Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.20612109198
    Latitude
    31.911027290852

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    FAQs

    What type of property is this?
    Distribution property - 24,000 SF Warehouse, Midland, TX
    Where is this distribution property located?
    The property is located at 9817 Interstate 20 Midland, TX.
    What are key features of this property?
    This property features: 24,000 SF Class-A industrial warehouse on ±5 acres.; 2,400 SF customizable office space, expandable to a mezzanine level.; 10-ton crane capacity.
    Request Owner's contact information
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    Midland, TX 79706
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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
    9817 Interstate 20 Midland, TX 79706
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