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    OFF-MARKET
    Distribution centers

    700 Fairgrounds Rd, Midland, TX 79701

    6,500 SF 6 ac lot
    Property ID
    US82-1138618
    Property summary
    AI-generated overview

    This exceptional 6,500 square foot industrial property in Midland, Texas, presents a unique owner-user opportunity. Strategically located between Interstate 20 and Business 20, this versatile space boasts a blend of office and warehouse functionality. The property includes a small office building perfect for administrative tasks and client meetings, complemented by two spacious warehouses ideal for diverse industrial or storage applications. Additional office space within one warehouse offers flexibility for expansion or specialized operations. Security is enhanced by a fenced-in yard providing ample secure storage or operational space, further supplemented by a large dirt yard suitable for equipment, vehicles, or future expansion. Convenient covered parking is available for staff and visitors. The sale also includes several portable buildings, adding to the property's overall functionality and storage capacity. The property sits on a 6-acre lot and is zoned C, allowing for a variety of uses. This prime commercial property offers a compelling combination of indoor and outdoor space, making it an attractive investment for businesses seeking a flexible and well-equipped location in a thriving Texas market. The property is currently vacant, allowing for immediate occupancy and customization to meet specific business needs.

    Property profile
    Verified
    Property type Distribution centers
    Total area 6,500 SF
    Lot 6 ac (261,360 SF)
    UPID US82-1138618
    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
    • Pressure Point Testing Corporate Office
    • Fairview hotel Hotel & Motel
    • Jw Powerline Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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