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5508 S FM 1788 4,000 SF Industrial Building Midland, TX 79706 $650,000 ($162.50/SF)
INVESTMENT HIGHLIGHTS
- ±2.94 Acres with direct FM 1788 frontage
- ±3,200 SF industrial building
EXECUTIVE SUMMARY
Located in the heart of Midland’s industrial hub, this ±2.94-acre property offers a functional ±3,200 SF building with ±700 SF of office, ±3,500 SF shop, and ±1,200 SF mezzanine. The facility includes a reception area, two private offices, IT room, and three restrooms (one with shower). With direct FM 1788 frontage, septic, water well, and available utilities, the site is ideal for service companies, storage, or light industrial operations in the Permian Basin.
±2.94 Acres with direct FM 1788 frontage
±3,200 SF industrial building with office and shop space
Functional layout with reception, IT room, and three restrooms
On-site water well and septic system
Prime location in Midland’s industrial corridor near I-20 and Midland International Airport
±2.94 Acres with direct FM 1788 frontage
±3,200 SF industrial building with office and shop space
Functional layout with reception, IT room, and three restrooms
On-site water well and septic system
Prime location in Midland’s industrial corridor near I-20 and Midland International Airport
PROPERTY FACTS
| Price | $650,000 | Lot Size | 3.00 AC |
| Price Per SF | $162.50 | Rentable Building Area | 4,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1980 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Price | $650,000 |
| Price Per SF | $162.50 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.00 AC |
| Rentable Building Area | 4,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
UTILITIES
- Lighting
- Gas
- Water - Well
- Sewer - Septic Field
- Heating
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $71,560 | |
| Land Assessment | $42,000 | Total Assessment | $113,560 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$42,000
Improvements Assessment
$71,560
Total Assessment
$113,560
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5508 S FM 1788
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