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Property profile & analytics
OFF-MARKET
Industrial properties

8119 Crk 62 Midland, TX 79706

7,500 SF 5 ac lot Built 20021
Property ID
Property summary
AI-generated overview

This exceptional Class A commercial/industrial property, located at 8119 E CR 62, Midland, TX 79706, presents a unique investment opportunity. The 7,500-square-foot building sits on a generous 5-acre lot, offering ample space and potential for expansion. Constructed in 2021, this two-story structure boasts a modern design and high-end finishes. The first floor features well-appointed office space, including a conference room, kitchen, and bathrooms. The upper level offers additional office space with impressive glass and brick wall features, a conference room overlooking the warehouse, and a separate bathroom and kitchen. The warehouse itself is a standout feature, including drive-through bays equipped with automatic openers, a dedicated warehouse office, and 280 & 480 electrical service. The property is fully fenced and secure, providing peace of mind. The expansive 5-acre lot offers significant potential for future development, with the possibility of acquiring additional acreage adjacent to the property's western boundary. This property is zoned for commercial use and will be vacant and available for occupancy on November 1, 2024. The asking price is $1,680,000. This is a NNN lease.

Property profile
Verified
Property type Industrial properties
Year built 20021
Total area 7,500 SF
Lot 5 ac (217,800 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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