1503 Industrial Ave Midland, TX 79701
- Distribution centers
- 23,688 SF
- 0.61 lot acres
Current Use by Public Records
- ACN Appliance LLC / Appliance Repair Service / Small Appliance Repair Service
Property Details for 1503 Industrial Ave
- Year built
- 1957
- Lot size
- 0.61 lot acres
- Property size
- 23,688 SF
- Property type
- Distribution centers
Description
This exceptional warehouse property, located at 1503 West Industrial Avenue in Midland, Texas, presents a compelling investment opportunity. The building, constructed in 1957, offers a substantial 23,688 square feet of warehouse space situated on a 0.61-acre lot. Its strategic location provides easy access to Interstate 20, enhancing logistical efficiency. The warehouse features three convenient overhead doors, facilitating smooth loading and unloading operations. A generous 20-foot clear height throughout the interior maximizes storage and operational flexibility. The asking price is $350,000, translating to a price per square foot of $14.78. The property benefits from a high annual average daily traffic count of 1,528 vehicles (according to TxDOT data). This well-positioned warehouse is ready for immediate occupancy and presents a significant value-add potential for a discerning buyer seeking a substantial industrial space in a thriving Texas market. The property's size and features make it suitable for a wide range of businesses requiring ample storage and convenient access. This is a rare opportunity to acquire a well-located, sizable warehouse in Midland, Texas.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.0869592
- Latitude
- 31.9884003
