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10104-10204 Farm to Market 307 21,375 SF Industrial Building Midland, TX 79706 $4,000,000 ($187.13/SF) 7.88% Cap Rate
Investment Highlights
- Two industrial buildings on two parcels
- Class B warehouse built in 2019
- FM 307 frontage with I-20 connectivity
- Building 1 with office built in 2014
- Commercial zoning
Executive Summary
This offering pairs NNN income with a two-building industrial property designed for real operating use. The hard asset includes open warehouse areas, six grade-level doors, office support space, and a low coverage 3.52-acre site along FM 307.
Property Facts
| Price | $4,000,000 | Lot Size | 3.52 AC |
| Price Per SF | $187.13 | Rentable Building Area | 21,375 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.88% | Year Built | 2019 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 6 |
| Building Class | B | ||
| Zoning | Commercial - Commercial | ||
| Price | $4,000,000 |
| Price Per SF | $187.13 |
| Sale Type | Investment |
| Cap Rate | 7.88% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.52 AC |
| Rentable Building Area | 21,375 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | Commercial - Commercial |
Amenities
- Storage Space
Utilities
- Lighting
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Permian Solar & Energy Solutions
- Wholesaler
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Permian Solar & Energy Solutions | Wholesaler | - | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R000206-872 | Improvements Assessment | $724,820 |
| Land Assessment | $159,050 | Total Assessment | $883,870 |
Property Taxes
Parcel Number
R000206-872
Land Assessment
$159,050
Improvements Assessment
$724,820
Total Assessment
$883,870
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Videos
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Photos
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Map
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Contact the Sale Advisor
10104-10204 Farm to Market 307