3209 Franklin Ave Midland, TX 79701
- Warehouses
- 7,200 SF
- 0.48 lot acres
Current Use by Public Records
- Warehouses
Property Details for 3209 Franklin Ave
- Year built
- 1995
- Lot size
- 0.48 lot acres
- Property size
- 7,200 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 7,200-square-foot warehouse, situated on a 0.482-acre lot in Midland, Texas, presents a compelling owner-user or investment opportunity. Priced at $828,000 ($115/sq ft), this property boasts a prime location near downtown Midland, offering convenient access to major transportation routes. Built in 1995, the building features two 14' x 14' overhead doors, providing ample access for loading and unloading. The high ceilings (18' eaves, 20' overall) offer significant storage capacity. The functional layout includes 250 square feet of office space, complete with a private office and two bathrooms (one with a shower). City utilities are readily available, and the property is zoned for commercial use. The warehouse is currently vacant and available for immediate occupancy. Pallet racks are included in the sale price. Lease-to-own options are available, allowing for rental credit towards the purchase price with a long-term lease agreement. This property is zoned for Commercial and Regional Retail use. The property's dimensions are 120' x 60'.
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
- -102.111
- Latitude
- 31.9831
