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    OFF-MARKET
    Distribution centers

    5601 Industrial Ave, Midland, TX 79706

    14,000 SF 5.3 ac lot Built 1982
    Property ID
    US82-3561174
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Distribution centers
    Year built 1982
    Total area 14,000 SF
    Lot 5.3 ac (230,868 SF)
    UPID US82-3561174
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Joyce Builders Inc Construction Company
    • Family RV Storage Storage Facility
    • B&B Platinum Limo, LLC Limousine Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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