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24,000 SF Class-A Industrial Facility on I-20 9817-B Interstate 20 24,000 SF 4-Star Industrial Building Midland, TX 79706 $4,800,000 ($200/SF)
INVESTMENT HIGHLIGHTS
- 5 Acre Lot
- 5 miles to Midland International Airport
- Approximately 1/2 mile from FM 1788
EXECUTIVE SUMMARY
New 24,000 SF build-to-suit property is being developed on ±5 acres with the option to expand up to 8.87 acres. The building is 10-ton crane ready with 26' eave height, featuring 10 drive-through bays and a fully enclosed drive-through wash-bay. The first floor office is 2,400 SF with 7 offices, a conference room, and break room with 2 additional shop offices and a shop breakroom. The second floor is currently 2,000 SF of mezzanine space but can be converted into additional office space. Located outside city limits and serviced by city water and AT&T fiber internet, this property offers flexibility and prime access near I-20. An excellent opportunity for businesses seeking a custom-built facility in the Permian Basin
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) 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
| Price | $4,800,000 | Rentable Building Area | 24,000 SF |
| Price Per SF | $200 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 2024 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 26’ |
| Building Class | A | No. Drive In / Grade-Level Doors | 10 |
| Lot Size | 5.00 AC | ||
| Zoning | None - None | ||
| Price | $4,800,000 |
| Price Per SF | $200 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 5.00 AC |
| Rentable Building Area | 24,000 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Tenancy | Single |
| Clear Ceiling Height | 26’ |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | None - None |
AMENITIES
- Storage Space
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Construction commenced 11/1/2024 and is set to be completed 4/1/2025.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 24,000 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 24,000 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 24,000 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Construction commenced 11/1/2024 and is set to be completed 4/1/2025.
1 1
PROPERTY TAXES
| Parcel Number | R000007-771 | Improvements Assessment | $7,348,800 |
| Land Assessment | $2,155,680 | Total Assessment | $9,504,480 |
PROPERTY TAXES
Parcel Number
R000007-771
Land Assessment
$2,155,680
Improvements Assessment
$7,348,800
Total Assessment
$9,504,480
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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24,000 SF Class-A Industrial Facility on I-20 | 9817-B Interstate 20
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