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Property profile & analytics
OFF-MARKET
Warehouses

9518 County Road 77 Midland, TX 79707

7,750 SF 2.57 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 2024
Total area 7,750 SF
Lot 2.57 ac (111,949 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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