1720 County Road 140, Midland, TX 79706
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.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.