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Property profile & analytics
FOR SALE
Distribution centers

Loop 40 Midland, TX 79706

13,000 SF 2.93 ac lot Built 2023
Property ID
US82-5002311
Loop 40, Midland, TX 79706 For Sale
$696,960 13,000 SF
Loop 40, Midland, TX 79706
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Property summary
AI-generated overview

This exceptional 13,000-square-foot industrial warehouse, situated on approximately 2.93 acres in the Saulsbury Phoenix Industrial Park, presents a unique investment opportunity. Scheduled for completion in December 2023, this single-tenant building boasts a strategic location just south of Interstate 20 and east of Faudree Road, providing easy access to major transportation routes. The property features 320 feet of frontage on West County Road 137, offering excellent visibility and convenient access. The building itself comprises a spacious 10,500-square-foot shop area and 2,500 square feet of well-appointed office space. The shop area includes 22-foot-high ceilings, nine 16' x 16' overhead doors, a dedicated wash bay, and a separate bathroom. The office space is thoughtfully designed with five individual offices, a kitchen/breakroom, a large conference room, and a substantial storage/IT room. Four drive-in doors facilitate efficient loading and unloading. The property also benefits from 3-phase 480V power. The expansive yard is fully fenced with a six-foot fence and electric gate, and includes a caliche surface and a septic system. There's potential for expansion, with additional acreage available to increase the total land size to approximately 5 acres. This modern, well-equipped warehouse is ideal for a variety of industrial uses. The property is zoned commercial and located in Midland County.

Property profile
Verified
Property type Distribution centers
Year built 2023
Total area 13,000 SF
Lot 2.93 ac (127,718 SF)
UPID US82-5002311
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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