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    OFF-MARKET
    Warehouses

    3115 Industrial Ave, Midland, TX 79701

    9,400 SF 0.64 ac lot Built 1972
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9,400-9,800 square foot industrial property, located at 3115 W Industrial Ave, Midland, TX 79701, presents a unique investment opportunity. Situated on a 0.644-acre lot, this single-unit warehouse boasts a single story building constructed in 1972. The property features a 20-foot ceiling height, enhancing its versatility. Approximately half of the space is climate-controlled, offering flexibility for various uses. Three large rooms, equipped with skylights and rebar, provide ample storage. The property also includes a significant commercial roll-off container, a 50-gallon tank, and connections and covering suitable for an RV. Exterior improvements include a recently replaced roof and a 2019 HVAC system upgrade. Access is facilitated by two 12x10 roll-up doors. This property is located outside city limits, offering potential advantages. The property's mixed-use zoning allows for warehouse, office, and storage applications. This is an ideal opportunity for investors seeking a versatile and well-maintained industrial space in a prime Midland location.

    Property profile
    Verified
    Property type Warehouses
    Year built 1972
    Total area 9,400 SF
    Lot 0.64 ac (28,053 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
    Current use
    Occupant on record · Public records
    • Titan Vending & Coffee Service LLC Big Box & Wholesale Store
    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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