3610 South County Rd
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3610 South County Rd
30,000 SF 100% Leased Industrial Building Midland, TX 79706 $5,323,000 ($177/SF) 8.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Each Unit: Office: (3) Offices, Reception, Kitchenette, Restroom | Warehouse: (1) 14’ bay door, 20’ ceiling, stairway to the mezzanine, Restroom
- Partition wall can be removed between Units 2 & 3
- Financials Available with executed NDA
- Behind each Unit is 1,000 SF Mezzanine & 2,200 SF Fenced Outdoor Storage
- *Unit 1 has a shower in Warehouse
- CAP Rate: 8.75% | 2025 Anticipated NOI = $465,726.00
EXECUTIVE SUMMARY
Multi-tenant Industrial building for Sale in Midland, TX. The fully-occupied property offers 30,000 SF of total space on 4 AC, featuring 12 Units, each 2,500 SF. Each Unit includes 1,000 SF of office space, 1,500 SF of warehouse space, an extra 1,000 SF of mezzanine storage, and 2,200 SF of fenced outdoor storage. The office area features a reception, (3) private offices, a kitchenette, and an ADA-compliant restroom. The warehouse section includes a separate restroom and mezzanine level.
The property is located on Antelope Trail (South County Road 1232) in Midland, just south of the I-20/Loop 250 intersection. This prime location provides excellent accessibility and convenience to this major intersection.
The property is located on Antelope Trail (South County Road 1232) in Midland, just south of the I-20/Loop 250 intersection. This prime location provides excellent accessibility and convenience to this major intersection.
PROPERTY FACTS
| Price | $5,323,000 | Building Class | C |
| Price Per SF | $177 | Lot Size | 4.00 AC |
| Sale Type | Investment | Rentable Building Area | 30,000 SF |
| Cap Rate | 8.75% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2019 |
| Property Subtype | Warehouse | Parking Ratio | 2.3/1,000 SF |
| Price | $5,323,000 |
| Price Per SF | $177 |
| Sale Type | Investment |
| Cap Rate | 8.75% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.00 AC |
| Rentable Building Area | 30,000 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Parking Ratio | 2.3/1,000 SF |
AMENITIES
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 0004020.013.1007 | Improvements Assessment | $1,169,460 |
| Land Assessment | $153,000 | Total Assessment | $1,322,460 |
PROPERTY TAXES
Parcel Number
0004020.013.1007
Land Assessment
$153,000
Improvements Assessment
$1,169,460
Total Assessment
$1,322,460
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3610 South County Rd
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