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Property profile & analytics
OFF-MARKET
Commercial real estate

3704 County Road 1223 Midland, TX 79706

14,361 SF 10.26 ac lot Built 2016
Property ID
Property summary
AI-generated overview

This exceptional 14,361 square foot commercial property, situated on a generous 10.26-acre lot in Midland, Texas, presents a compelling investment opportunity. Ideally located approximately a quarter-mile from the intersection of I-20 and Loop 250, this property enjoys excellent visibility and accessibility. Currently generating a substantial monthly income of $12,250 from five existing income-producing leases, this asset offers significant potential for growth. The property's spacious layout and ample land allow for expansion, with the capacity to accommodate up to seven tenants. This translates to a strong potential for increased revenue and a higher return on investment. The existing leases provide a stable income stream, mitigating risk and offering immediate cash flow. Given its prime location, strong tenant occupancy, and expansion possibilities, this property represents a rare opportunity for investors seeking a high-yield, multi-tenant commercial investment in a thriving Texas market. The property's size and location make it suitable for a variety of commercial uses, providing flexibility for future development and adaptation to changing market demands. This is a turnkey investment ready to generate immediate returns and offer long-term growth potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Year built 2016
Total area 14,361 SF
Lot 10.26 ac (446,926 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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