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Office Building, Executive Suite, Shop Space 1501 N Fairgrounds Rd 20,894 SF Office Building Midland, TX 79706 $4,100,000 ($196.23/SF)
Investment Highlights
- 13,754 SF Office | Executive Office Suite, 22 Private Offices
- 5,700 SF Tote Facility | Outdoor Workspace
- 1,440 SF Shop/Storage | Parts Office
Executive Summary
Executive Office Space, Shop Space, and a Tote Facility totaling 20,894 SF on 3.83 Acres. The main building includes 13,754 SF of office space and 1,440 SF of shop all remodeled in 2015. Featuring a welcoming reception area, an executive office suite with a private shower, 22 private offices, multiple restrooms, and an open office area for cubicles. Additionally, there are two conference rooms: one to fit a smaller group of people and a larger training/conference room providing a versatile space for larger gatherings, training sessions, or workshops. The West side of the building holds a parts office, crew space, men's & women's locker rooms, and an open storage area with (1) 8' garage door. A 5,700 SF tote facility sits behind the main building offering ample outdoor work area. Whether you need a professional workspace, storage, or specialized work areas, this property offers a well-rounded solution. For sale as a whole - ask us about leasing options. Contact Amy Brasher Barnett or Dakota Flowers to schedule a tour and explore its full potential!
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
20,894 SF
Building Class
B
Year Built
1978
Price
$4,100,000
Price Per SF
$196.23
Tenancy
Single
Building Height
1 Story
Typical Floor Size
20,894 SF
Building FAR
0.13
Lot Size
3.83 AC
Zoning
Commercial District
Parking
45 Spaces (2.15 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Reception
- Central Heating
- Wi-Fi
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
For Sale as a whole 20,894 SF For Lease as a whole 20,894 SF or the vacant middle +/-5,000 SF portion
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 20,894 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 20,894 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 20,894 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
For Sale as a whole 20,894 SF For Lease as a whole 20,894 SF or the vacant middle +/-5,000 SF portion
Property Taxes
| Parcel Number | R000017-227 | Improvements Assessment | $1,112,637 (2025) |
| Land Assessment | $229,600 (2025) | Total Assessment | $1,342,237 (2025) |
Property Taxes
Parcel Number
R000017-227
Land Assessment
$229,600 (2025)
Improvements Assessment
$1,112,637 (2025)
Total Assessment
$1,342,237 (2025)
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Office Building, Executive Suite, Shop Space | 1501 N Fairgrounds Rd
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