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Property profile & analytics
OFF-MARKET
Warehouses

3209 Franklin Ave Midland, TX 79701

7,200 SF 0.48 ac lot Built 1995
Property ID
Property summary
AI-generated overview

This 7,200-square-foot warehouse, situated on a 0.482-acre lot in Midland, Texas, presents a unique opportunity for businesses seeking flexible industrial space. Built in 1995, the property boasts a desirable location near downtown Midland, offering convenient highway access. The warehouse features two 14' x 14' overhead drive-in doors, providing ample access for loading and unloading. The high ceilings, measuring 18 feet at the eaves and 20 feet overall, offer significant vertical storage capacity. Inside, you'll find a functional layout including 250 square feet of office space, a private office, and two bathrooms (one with a shower). The property is zoned for Commercial and Regional Retail use and is serviced by city utilities. This versatile space is ideal for a variety of uses, from warehousing and distribution to light manufacturing or flex space. The property is available for both sale and lease. A significant advantage for buyers is the inclusion of pallet racks within the warehouse. For those interested in leasing, the owner is offering attractive lease-to-own terms, allowing rental payments to be credited towards the purchase price with a long-term lease. The property's dimensions are 120 feet by 60 feet. This well-maintained property offers a compelling combination of location, functionality, and potential for future growth. Inquire today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Warehouses
Year built 1995
Total area 7,200 SF
Lot 0.48 ac (20,996 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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