Property profile

3611 State Highway 158 E Midland, TX 79705

FOR LEASE
Manufacturing properties
Property ID
US83-3817846
Built 2003
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Property summary

AI-generated overview

FOR SALE OR LEASE | 16,273 SF | Highly functional industrial facility on Hwy 158 in Midland. Features 7 offices, reception area, 2 conference rms, break rm, storage, and 3 restrooms. Shop includes (2) 12' roll-up doors, air lines, gas heat, 110V power throughout, and 30-amp service. Additional bldgs offer office/storage space, 14' motorized roll-up door, 1-ton crane beam, plus a separate shop with a 2.5-ton overhead crane. Private water well w/1,500-gal storage. Lease rates: 1 Yr-$21/SF, 3 Yr-$20/SF, 5 Yr-$19/SF. Call lisitng agent for a showing!

Property profile

Verified
Property type Manufacturing properties
Year built 2003
UPID US83-3817846

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3611 State Highway 158 E Midland, TX 79705
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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