Loop 40 Midland, TX 79706
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.