2411 County Road 140 Midland, TX 79706
This exceptional 10,000-square-foot industrial property in Midland, Texas, presents a unique owner-user opportunity. Situated on a spacious five-acre lot, this newly constructed (2024) facility boasts a 6,000-square-foot shop area featuring seven 14' x 16' overhead doors, creating three drive-through bays and one drive-in bay. A 2,000-square-foot covered wash bay is seamlessly integrated into the design. The shop's impressive 24-foot ceiling height accommodates a 10-ton crane (ready for installation), with structural support allowing for a second crane. The building also includes a 2,000-square-foot office space, complete with five private offices, a reception area, conference room, two restrooms, and a break room. The property is fully fenced and secured, stabilized with 6" caliche, and equipped with a water well, septic system, and three-phase power. Located outside city limits in Midland County, this NNN-lease property is vacant and priced at $1,750,000 ($175 per square foot). The permitted zoning is county. This turnkey operation is ideal for a variety of industrial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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