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Property profile & analytics

5909 Tx-349 Midland, TX 79706

  • Warehouses
  • 9,000 SF
  • 10.00 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Warehouses

Property Details for 5909 Tx-349

Year built
2019
Lot size
10.00 lot acres
Property size
9,000 SF
Property type
Warehouses
Property subtype
Industrial properties

Description

This exceptional 10-acre industrial property in Midland, Texas, presents a unique investment opportunity. The property boasts a total of 9,000 square feet of space, strategically divided across three buildings. A 7,000-square-foot main office/warehouse features five private offices, a conference room, breakroom, restrooms, and a secure IT closet. The modern, rustic-designed office space is complemented by a fully insulated, crane-ready shop. This shop includes five 14' x 16' overhead doors forming two drive-through bays and one drive-in bay leading to an attached wash bay. A secured storage area and shop restroom are also included. Executive housing is provided with a three-bedroom, two-bathroom residence featuring covered parking and a fenced yard with storage. The property also offers hookups for up to four mobile living quarters, ideal for workforce housing. The expansive 10-acre yard (500' x 850') is fully fenced and accessible via two automatic gates and paved approaches. Built in 2019, this property is located outside city limits and zoned accordingly. The asking price is $2,250,000, with a price per square foot of $250. The 20-foot ceiling height in the warehouse provides ample vertical space. This NNN lease property is currently vacant and ready for immediate occupancy. The property's combination of industrial space, office amenities, and on-site housing makes it an ideal solution for businesses seeking efficient operations and employee accommodations.


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
-102.057
Latitude
31.9204
More about this property
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