10311 County Rd, Midland, TX 79706
This exceptional 15,000-square-foot industrial property, built in 2023, is situated on a generous 4.25-acre lot in Midland, Texas (zip code 79706). The property boasts a versatile design, ideal for owner-users seeking a distribution or warehouse facility. The building features a substantial 9,750-square-foot shop area, perfectly configured with eleven 14' x 16' overhead doors, creating five drive-through bays and one drive-in bay. A 10-ton bridge crane enhances operational efficiency. The shop also includes a dedicated office, restroom, and a convenient 1,500-square-foot covered wash bay. The spacious 2,000-square-foot office area provides six private offices, offering ample space for administrative functions. Additional amenities include a well-equipped shop office and restroom. The property benefits from 3-phase/480V power, a water well, and a septic system. Exterior features include yard lighting at all four corners and newly paved parking in front of the office. This NNN-leased, vacant property is zoned by Midland County and presents a unique opportunity for businesses seeking a modern, well-equipped industrial space in a prime location between Midland and Odessa. The property's strategic location offers excellent access to major transportation routes.
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.