9817 Interstate 20, Midland, TX 79706
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.