7101 County Road 60 Midland, TX 79705
This exceptional 3.63-acre property in Midland, Texas (79705), presents a unique investment opportunity. Located at 7101 E County Rd 60, the property boasts a 5,000 square foot metal shop featuring three bay doors and an office with substantial storage. The entire lot is fully fenced with two automated gates, enhancing security and accessibility. The property includes three buildings, all single-story structures, built in 2015. Two existing mobile homes situated at the rear of the property offer additional income potential, each with its own electric meter and sharing a septic system. While requiring some updates, these units represent a significant revenue stream. The property's zoning allows for diverse uses, including potential development into an RV park or employee housing. The asking price is $640,000, translating to $128 per square foot. This is a gross lease, multi-tenancy property offering 100% ownership. The property's versatile nature and existing income streams make it an attractive investment for a variety of buyers. This is a rare opportunity to acquire a substantial industrial property with significant upside potential in a thriving Texas market.
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Higher Vibe Creations Hotel & Motel Resort
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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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.