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Property profile & analytics

1403 County Road 119 Midland, TX 79706

  • Warehouses
  • 6,750 SF
  • 4.28 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Pegaso Energy Services, LLC. Building 2 / Non-Profit Organization

Property Details for 1403 County Road 119

Year built
2018
Lot size
4.28 lot acres
Property size
6,750 SF
Property type
Warehouses
Property subtype
Industrial properties

Description

This exceptional Class A industrial property in Midland, Texas, presents a compelling owner-user opportunity. The 6,750-square-foot building sits on a spacious 4.28-acre lot, offering convenient access to I-20. The property boasts a well-appointed 1,750-square-foot office area featuring six individual offices, a reception area, a large breakroom/conference room, and separate restrooms for the office and shop. The 5,000-square-foot shop area is generously sized at 50 feet wide, equipped with six 14' x 16' overhead doors configured as two drive-thru bays and two drive-in bays. The shop features a 20-foot eave height, T5 high-bay lighting, and robust 3-phase/480v/400 amp power. High-speed AT&T internet is readily available. The property is served by well water and a septic system. The expansive yard is fully fenced and secured, providing ample space for operations and storage. Future expansion options include adding a wash bay and/or crane. The property is zoned County, offering flexibility and minimal restrictions. This turnkey operation is priced at $1,250,000, representing a price per square foot of $185.19. Built in 2018, this single-story building offers a blend of modern amenities and practical functionality, making it an ideal choice for a variety of industrial uses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Midland
County
Midland
State
Texas
Longitude
-102.046
Latitude
31.9644
More about this property
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