2222 Commerce Dr Midland, TX 79703
- Distribution centers
- 43,715 SF
- 5.40 lot acres
Current Use by Public Records
- Borets US, Inc. / Professional Services
Property Details for 2222 Commerce Dr
- Year built
- 1979
- Lot size
- 5.40 lot acres
- Property size
- 43,715 SF
- Property type
- Distribution centers
- Property subtype
- Fulfillment centers
Description
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.
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
- -102.14049334833
- Latitude
- 31.955035611971
