8119 Crk 62 Midland, TX 79706
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.
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
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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.