9518 County Road 77 Midland, TX 79707
This exceptional 7,750-square-foot warehouse in Midland, Texas, is nearing completion with an estimated completion date of October 18, 2024. The property boasts a spacious 6,250-square-foot warehouse featuring five 14' x 14' overhead doors equipped with automatic openers, a five-ton crane-ready structure, liner panels throughout, three-phase power, LED lighting, and full insulation. Adding to its functionality are two 25' cantilever gates and a single restroom within the warehouse area. A substantial 1,500-square-foot office space complements the warehouse, offering five private offices, a conference room, a kitchenette, a reception area, an IT closet, and two restrooms. The entire 2.57-acre lot is enhanced by a water well, a septic system, a stabilized yard, paved access, and security fencing. Strategically located just north of Highway 191, between Loop 250 and 1788, this property enjoys convenient access to major thoroughfares, particularly via the overpass at North County Road 1275. Its location outside city limits offers additional advantages. The asking price is $1,450,000, translating to $187.10 per square foot. This property presents a remarkable opportunity for businesses seeking a modern, well-equipped warehouse in a prime Midland location. The property is situated directly behind Mid Cities Church on County Road 77, in Midland, TX, zip code 79707.
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
Similar Nearby for Lease
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.