Property profile

3111 Industrial Ave Midland, TX 79701

OFF-MARKET
Warehouses
3,200 SF 0.28 ac lot Built 1963
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Property summary

AI-generated overview

This ±3,200 square foot industrial property in Midland, Texas, is situated on a ±0.275-acre lot and offers a unique blend of warehouse and office space. The building, constructed in 1963, features two 12' x 12' drive-in bays, perfect for easy loading and unloading. A significant advantage is the inclusion of a 1,000-pound rated chain hoist within the ±2,600 square foot shop area, enhancing operational efficiency. The ceiling height in the shop area is 12 feet. The property also includes approximately 600 square feet of office space, comprising three private offices, a reception area, and a laboratory. The site is fully fenced with a single gated entrance located on West Industrial Avenue. Utilities include a water well and septic system, with AT&T fiber optic service available in the area. The property is zoned for outside city limits and is located in Midland County, Texas, with the address being 3111 W Industrial Ave, Midland, TX 79701. This versatile property is ideal for a variety of industrial uses.

Property profile

Verified
Property type Warehouses
Year built 1963
Total area 3,200 SF
Lot 0.28 ac (11,979 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Auto Repair Shop

Location

3111 Industrial Ave Midland, TX 79701
Midland metro
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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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