Property profile

2201 Commerce Dr Midland, TX 79703

OFF-MARKET
Warehouses
2,560 SF 0.8 ac lot Built 2003
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Property summary

AI-generated overview

This exceptional 2,560-square-foot industrial property, located at 2201 Commerce Dr in Midland, Texas, 79703, offers a versatile blend of warehouse and office space. Situated on a 0.8-acre lot, this single-tenant building boasts convenient access to Loop 250 and I-20, ensuring efficient transportation and logistics. Constructed in 2003, the property features a spacious 2,160-square-foot shop area complemented by 400 square feet of well-appointed office space. The high 15.5-foot ceilings maximize storage and operational efficiency. Four 12'x12' overhead doors facilitate easy loading and unloading, while two 1/2-ton JIB cranes enhance material handling capabilities. The property is equipped with a robust 3-phase, 440V power supply, along with access to city water, sewer, and natural gas utilities. Zoned for industrial use and located outside city limits in Midland County, this property presents a compelling opportunity for businesses seeking a functional and strategically located industrial space. The property's location near major transportation arteries and its comprehensive amenities make it an ideal choice for a variety of industrial operations.

Property profile

Verified
Property type Warehouses
Year built 2003
Total area 2,560 SF
Lot 0.8 ac (34,848 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2201 Commerce Dr Midland, TX 79703
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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