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4516 County Rd 130 7,500 SF Industrial Building Midland, TX 79706 $2,250,000 ($300/SF) 9.90% Cap Rate
INVESTMENT HIGHLIGHTS
- 2400 Sq Ft Office
- 3 Phase Power
- Crane Ready
- 5100 sq ft Shop with Washbay
- 3 Bay Doors
- Fiber Optic Internet and Phone Available & Water Well Produces over 35gpm
EXECUTIVE SUMMARY
Fantastic New Construction Building For Sale! Conveniently Located near Garden City Hwy & I-20. This building offers 2400 Sq Ft Office, 5100 Sq Ft Shop with a Washbay. The office area has 6 offices, Reception area, Lobby, 2 restrooms in office, 1 in the shop area. This property also was recently landscaped and sits on 5 acres. There building has 3 Bay Doors, and 3 Phase Power, and Crane Ready. The building has fiber optic internet, and water well produces 35 gpm. Cap Rate 9.9%
Year 1: $210,000k
Year 2: $216,300.00
Year 3: $222,789.00
Year 4: $229,472.64
Year 5: $236,356.80
$1,114,918.44 remaining on lease!!
Year 1: $210,000k
Year 2: $216,300.00
Year 3: $222,789.00
Year 4: $229,472.64
Year 5: $236,356.80
$1,114,918.44 remaining on lease!!
PROPERTY FACTS Under Contract
| Price | $2,250,000 | Rentable Building Area | 7,500 SF |
| Price Per SF | $300 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2022 |
| Cap Rate | 9.90% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.8/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 22’ |
| Building Class | A | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 5.00 AC | ||
| Zoning | No - City of Midland ETJ - No Zoning | ||
| Price | $2,250,000 |
| Price Per SF | $300 |
| Sale Type | Investment |
| Cap Rate | 9.90% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 5.00 AC |
| Rentable Building Area | 7,500 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Tenancy | Single |
| Parking Ratio | 0.8/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | No - City of Midland ETJ - No Zoning |
AMENITIES
- Fenced Lot
- Air Conditioning
UTILITIES
- Water - Well
- Sewer - Septic Field
- Heating - Electric
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PROPERTY TAXES
| Parcel Number | 0001940.382.5670 | Improvements Assessment | $0 |
| Land Assessment | $60,000 | Total Assessment | $60,000 |
PROPERTY TAXES
Parcel Number
0001940.382.5670
Land Assessment
$60,000
Improvements Assessment
$0
Total Assessment
$60,000
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4516 County Rd 130
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