5601 Industrial Ave Midland, TX 79706
- Distribution centers
- 14,000 SF
- 5.30 lot acres
Current Use by Public Records
- Joyce Builders Inc / Construction Company
- Family RV Storage / Rv Storage Facility
- B&B Platinum Limo, LLC / Limousine Service
Property Details for 5601 Industrial Ave
- Year built
- 1982
- Lot size
- 5.30 lot acres
- Property size
- 14,000 SF
- Property type
- Distribution centers
Description
This exceptional 14,000-square-foot industrial warehouse, situated on a 5.3-acre lot in Midland, Texas, presents a lucrative investment opportunity. Built in 1982, the property boasts a prime location at 5601 W Industrial Ave, offering high visibility from Highway 80 and convenient access to Interstate 20, Highway 191, and Loop 250. The warehouse features ample space for storage and operations, complemented by office space including a conference room and break room, and shared restroom facilities. A significant advantage is the inclusion of 120 covered RV storage spaces, generating additional revenue streams. The entire site is securely enclosed by perimeter fencing and accessed via two electronic gates. The expansive lot is fully paved, providing ample parking. The asking price is $5,500,000, translating to $392.86 per square foot. This property's strategic location, diverse functionality, and secure design make it an attractive investment for discerning buyers seeking a high-return asset in a thriving Texas market. The property's zip code is 79706, located in Midland County.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.1438872
- Latitude
- 31.9581861