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    OFF-MARKET
    Warehouses

    9817 Interstate 20, Midland, TX 79706

    24,000 SF 5 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Warehouses
    Year built 2024
    Total area 24,000 SF
    Lot 5 ac (217,800 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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