7824 I-20, Midland, TX 79706
This exceptional industrial property, located at 7824 Interstate 20 in Midland County, Texas, boasts 15,114 square feet of warehouse space. The property features prime frontage on Interstate 20, ensuring excellent visibility and accessibility for businesses. Its strategic location provides direct access to Highway 80 via S County Road 1255, enhancing its suitability for logistics and transportation operations within the Permian Basin. Built in 1978 and extensively renovated in 2024, this property includes two buildings situated on 4.94 acres of land. The 2024 renovations encompassed new sheet metal and insulation on Building 1, and a complete renovation of all ten offices. The warehouse is designed for heavy-duty operations, featuring multiple grade-level doors, three drive-in bays, and three cranes, providing substantial lifting capacity and efficient workflow management. This single-tenant property is ideal for companies in logistics, manufacturing, or other industrial sectors seeking optimized operations in a prime Midland location. The expansive 5-acre yard offers ample space for storage and maneuvering.
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
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