1502 N Loop 250 W
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1502 N Loop 250 W
18,504 SF 100% Leased Industrial Building Midland, TX 79703 $1,450,000 ($78/SF)
Investment Highlights
- Annual Average Daily Traffic ADDT: 46,121 Cars (TxDOT 2023)
- Fenced Lot | Site Serviced by City Utilities | Office Space in Center Warehouse Building
- Excellent Upside Potential to Improve Rental Income & Terms
- 191 Frontage: 130'
- Currently 100% occupied
- *Annual Gross Income - Available upon ask
Executive Summary
Self-storage warehouse facility for sale! The property includes (8) 24'x28' units with 10'x12' roll-up doors and electricity, (6) 11'x28' units with 10'x12' roll-up doors, and (2) 100'x28' units with multiple 12'x12' doors. This property presents an excellent opportunity for income generation or redevelopment.
This warehouse facility is strategically positioned near the intersection of Loop 250 and 191/Andrews Highway, offering high traffic and excellent visibility from the Loop 250 service road.
This warehouse facility is strategically positioned near the intersection of Loop 250 and 191/Andrews Highway, offering high traffic and excellent visibility from the Loop 250 service road.
Property Facts
| Price | $1,450,000 | Building Class | C |
| Price Per SF | $78 | Lot Size | 0.72 AC |
| Sale Type | Investment | Rentable Building Area | 18,504 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1970 |
| Price | $1,450,000 |
| Price Per SF | $78 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.72 AC |
| Rentable Building Area | 18,504 SF |
| No. Stories | 1 |
| Year Built | 1970 |
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PROPERTY TAXES
| Parcel Number | R000053-602 | Improvements Assessment | $122,010 |
| Land Assessment | $109,870 | Total Assessment | $231,880 |
PROPERTY TAXES
Parcel Number
R000053-602
Land Assessment
$109,870
Improvements Assessment
$122,010
Total Assessment
$231,880
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1502 N Loop 250 W
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