5620 Fm 1788 2 Midland, TX 79706
For Lease
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This property is strategically positioned off of North FM 1788 with quick access to I-20 and SH 191, offering seamless connectivity between Midland, Odessa, and the greater Permian Basin. Its location provides excellent visibility, efficient logistics routes, and balanced access to both major markets. Infrastructure improvements in the corridor further enhance long-term accessibility and growth potential.This property offers a 11,375 SF newly constructed industrial building situated on 6.182 acres. The office is 2,000 SF with 7 private offices, a large conference room, 2 bathrooms, a kitchen/breakroom, and a storage office. The second-floor space features up to 2,000 SF unfinished mezzanine plumbed for 2 bathrooms, showers, and a kitchen - ideal for an additional breakroom or apartment set up. The fully insulated warehouse offers a 10-ton crane, 3 drive-through bays with (6) 14’x16’ OH doors, an additional office, and a bathroom with a shower. At the rear of the building is a covered 1,875 SF wash-bay and an additional 14'x16' overhead door. The property has fiber internet access, is fully fenced and secured, and is serviced by 3-Phase/ 600-amp power and 20 GPM water capacity. Contact Dakota Flowers or Amy Brasher Barnett for additional details.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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