Property profile

3106 County Road 153 Midland, TX 79706

OFF-MARKET
Warehouses
5,000 SF 2.5 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional 2024-built industrial property, located just south of I-20 on Midkiff Rd in Midland, Texas, offers a prime opportunity for businesses seeking efficient warehouse and distribution space. The property encompasses 5,000 square feet of versatile space, strategically divided into a 1,250-square-foot office area and a 3,750-square-foot shop. The office features a reception area, four private offices, a break room, and two restrooms, all equipped with central HVAC for optimal comfort. The spacious shop boasts a 22-foot eave height, providing ample vertical clearance for storage and operations. Four 14' x 14' overhead doors create two convenient drive-through bays, facilitating efficient loading and unloading. The shop is fully insulated and crane-ready (5-ton capacity), enhancing operational flexibility. The 2.5-acre lot is fully fenced and secured, providing a safe and private environment. The property is situated in a growing industrial park and features a stabilized caliche yard. Utilities include 3-phase 120/208-volt, 400-amp power, a water well, and a septic system. The property's zoning is designated as "Outside City Limits". This turnkey facility is ready for immediate occupancy and presents a compelling investment opportunity in a thriving Texas market. The address is 3106 W County Rd 153, Midland, TX 79706.

Property profile

Verified
Property type Warehouses
Year built 2024
Total area 5,000 SF
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3106 County Road 153 Midland, TX 79706
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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