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    OFF-MARKET
    Warehouses

    1720 County Road 140, Midland, TX 79706

    6,750 SF 1.9 ac lot Built 2019
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A industrial property, located at 1720 E County Rd 140 in Midland, Texas, 79706, presents a compelling owner-user opportunity. The 6,750 square foot building sits on a spacious 1.9-acre lot, offering ample room for operations and expansion. Built in 2019, this single-story structure boasts a 20-foot ceiling height, providing significant vertical space. The layout includes a 5,000 square foot shop area featuring four 14' x 16' overhead doors, creating four convenient drive-in bays. Additionally, there is a 1,750 square foot office space with higher-end finishes, including six individual offices, a reception area, a large breakroom/conference room, and separate restrooms for the office and shop areas. The shop is equipped with T5 high bay lighting and 3-phase/480v/400 amp power. Utilities include well water, septic sewer, and AT&T internet access. The property is conveniently located near I-20, providing easy access to major transportation routes. The fully fenced yard offers enhanced security. The property is zoned County, with no additional zoning restrictions. Optional upgrades, such as a wash bay and/or crane, are available at an additional cost. The asking price is $1,250,000, with an occupancy date of August 19, 2024. This property is perfect for a variety of industrial uses, offering a blend of functional shop space and comfortable office accommodations.

    Property profile
    Verified
    Property type Warehouses
    Year built 2019
    Total area 6,750 SF
    Lot 1.9 ac (82,764 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
    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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