3704 County Road 1223 Midland, TX 79706
- Commercial real estate
- 14,361 SF
- 10.26 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3704 County Road 1223
- Year built
- 2016
- Lot size
- 10.26 lot acres
- Property size
- 14,361 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.123
- Latitude
- 31.9472
