Located in a prime industrial area of the Permian Basin, this 21.698-acre tract offers easy access to Highway 349 and I-20, providing quick connectivity to key areas in Midland. The property is just 20 minutes from the airport, making it ideal for businesses with travel needs. This investment portfolio includes several buildings ranging from 5,000 to 7,500 square feet, all on large, well-maintained tracts. Fully leased with all NNN (Triple Net) leases in place, this property is an excellent opportunity for any investor looking to expand their portfolio into a rapidly growing market. CR 8.5%
| MLS # | 50095857 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 2024 |
| Days On Site | 158 |
| Listing Provided By | The Real Estate Ranch LLC | Thomas Johnston ABR /CNHS |
| SQ Feet | 27,500 |
|---|---|
| Acreage | 21.70 |
| Tax Annual Amount | 0 |
|---|
| State | TX |
|---|---|
| County | Midland |
| City | Midland |
| Zip Code | 79706 |
| Area | MS2 |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $6,200,000 low | high Med: $345,000 sqft: 27,500 low | high Med: 1,635 $ / sqft: $225 low | high Med: $211 On site: 158 low | high Med: 89 | |
| State | TX |
|---|---|
| County | Midland |
| City | Midland |
| Zip Code | 79706 |
| Area | MS2 |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $6,200,000 low | high Med: $345,000 sqft: 27,500 low | high Med: 1,635 $ / sqft: $225 low | high Med: $211 On site: 158 low | high Med: 89 | |