1212 Midland Dr Midland, TX 79703
This exceptional investment opportunity presents six individual warehouse suites totaling 18,000 square feet of leasable space within Midland, Texas's thriving industrial park. The property, situated on a generous 1.6-acre lot, features six buildings constructed in 2023, offering a mix of unit sizes to accommodate diverse business needs. Two buildings are standalone units, each offering 3,000 square feet of space. The remaining four buildings provide a combined 12,000 square feet, with two buildings each featuring a 6,000-square-foot space and an attached, but separately accessible, 3,000-square-foot unit. Each suite benefits from convenient access to city utilities, ample paved parking, and a secure fenced yard or storage area. The property is ideally suited for a variety of industrial uses and offers significant potential for rental income. Estimated completion is November 2024, presenting a timely opportunity to secure prime industrial space in a rapidly growing market. The address is 1208 & 1212 S Midland Drive, Midland, TX 79703. This is a rare chance to acquire a modern, well-designed industrial property with multiple income streams in a desirable location.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.