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    10712 County Road 77 Midland, TX 79707

    For Lease
    $18 SF/Yr

    Modern warehouse, 18,775 sq ft, excellent location.

    Lot size:
    18,775 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 18,775-square-foot warehouse, built in 2018 and renovated in 2020, presents a significant opportunity in Midland, Texas. The property boasts a two-story design and is situated at 10712 W County Rd 77, zip code 79707. Its strategic location offers easy access to major transportation arteries, including Highways 191, 1788, 349, and Interstate 20, ensuring seamless logistics. Midland International Airport is also conveniently close. The building features 3-phase power with a robust 480-amp service, ideal for industrial operations. This single-tenant warehouse is part of the thriving Midland-Odessa Petroplex, a dynamic industrial hub with over 18 million square feet of industrial space, home to leading international oil and gas companies. The area demonstrates consistent growth and positive net absorption, making this a sound investment. While the total building square footage is not currently available, the property taxes are $8,199 per square foot. This property is perfect for businesses seeking a modern, well-located, and efficient warehouse space in a rapidly expanding market.

    Property Features for 10712 County Road 77

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,775 SF

    Building Details

    Year Built/Renovated
    2018/2020
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    18,775 SF
    Rate per SF
    $18

    HighLights

    • 5‑ton bridge crane.
    • Wash bay and six 14' x 14' overhead doors.
    • 23' clear height warehouse with 16,500 square feet.
    • 2,200 square feet of office space.
    • Large second‑floor storage area.
    • 480‑amp, three‑phase power.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ADS Services LLC Drilling Contractor

    Suggested Use

    Auto Repair Shop Hair Salon Gym & Fitness Storage Facility Electrical Service Cafe & Coffee Shop Daycare Center Carpet & Flooring Store Kitchen & Bath HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.2426158
    Latitude
    31.9794155

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    FAQs

    What type of property is this?
    Distribution property - Modern warehouse, 18,775 sq ft, excellent location.
    Where is this distribution property located?
    The property is located at 10712 County Road 77 Midland, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 5-ton bridge crane.; Wash bay and six 14' x 14' overhead doors.; 23' clear height warehouse with 16,500 square feet.
    Request Owner's contact information
    10712 County Road 77 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
    10712 County Road 77 Midland, TX 79707
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