2222 Commerce Dr Midland, TX 79703
This ±43,715 square foot industrial facility presents a compelling owner-user opportunity in Midland, Texas. Situated on approximately 5.4 acres, this property boasts a prime location off South Loop 250 West and Interstate 20, offering excellent accessibility. The building, constructed in 1979, includes approximately 17,640 square feet of office space featuring 56 private offices, a reception area, a large training room, two large conference rooms, multiple restrooms, and dedicated IT and security rooms. The warehouse component encompasses approximately 26,075 square feet, with clear heights ranging from 8 to 17 feet. This area is equipped with a ½-ton jib crane, a 2-ton hoist, gas heaters, and multiple overhead doors (two 14'x14' and one 10'x13'). Additional features include a weather shelter basement, several shop offices, and covered equipment storage. The property is located outside city limits but benefits from city utilities and heavy 3-phase power supplied by multiple transformers. Security is ensured by a fully fenced perimeter with two access gates. The asking price is $2,000,000, translating to $45.75 per square foot. The property is vacant and offered under a NNN lease type. The permitted zoning is Outside City Limits. This exceptional facility is ideal for businesses seeking a substantial and well-equipped industrial space in a strategic location.
-
Borets US, Inc. Professional Services
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
Property description
Physical attributes from public recordsZoning & alternative use
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.