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2900 Elkins Rd
Midland, TX 79705
Industrial Property For Sale
Investment Highlights
- Two-Building 13,150-Square-Foot Industrial Asset Situated on 3.48 Acres
- Includes Vacant 7,000 SF Facility & 6,150 SF Building Fully Occupied by 3 Auto Mechanics on MTM Gross Leases, Creating Lease-up/Owner-User Opportunity
- Located Inside Loop 250 at the Intersection of Elkins Road and County Road 72, 3.8 Miles from Interstate 20
- Featuring Metal Construction, 12 Grade-Level Doors, Five Units, & Only 2 Percent Office Space
- Priced Below Replacement Cost with Only Two Other Industrial Buildings Available for Lease within a Two-Mile Radius During Q1 2026
- Midland Market Metrics: 8.6% Vacancy Rate and -0.7 Percent Annual Rent Growth in 2025, Only 0.3 Percent of Inventory Under Construction at 2026 Start
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 2009 |
| Building Class | C | Parking Ratio | 3.8/1,000 SF |
| Lot Size | 3.48 AC | No. Drive In / Grade-Level Doors | 12 |
| Rentable Building Area | 13,150 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.48 AC |
| Rentable Building Area | 13,150 SF |
| No. Stories | 1 |
| Year Built | 2009 |
| Parking Ratio | 3.8/1,000 SF |
| No. Drive In / Grade-Level Doors | 12 |
Amenities
- 24 Hour Access
- Fenced Lot
- Yard
- Reception
- Storage Space
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Water - Well
- Sewer - Septic Field
Property Taxes
| Parcel Number | R000206-786 | Improvements Assessment | $350,560 |
| Land Assessment | $66,120 | Total Assessment | $416,680 |
Property Taxes
Parcel Number
R000206-786
Land Assessment
$66,120
Improvements Assessment
$350,560
Total Assessment
$416,680
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