11206 W County Road 148 - Industrial FOR SALE


Midland, TX 79706
$11,000,000 USD
254-855-9179
11206 W County Road 148, Midland, TX for Sale
$11,000,000 USD
Industrial - FOR SALE
1/47
null | 10.91% Cap Rate

11206 W County Road 148
Midland, TX 79706


HIGHLIGHTS

  • 10.89% Cap Rate
  • ±77K SF on 26 Acres
  • Prime Permian Location

OVERVIEW

Exceptional opportunity to acquire a Class A industrial facility in Midland, TX—positioned on ±26 acres in the heart of the Permian Basin. This ±77,347 SF asset includes high-end office space, 12 bays, 24 oversized bay doors, three 10-ton cranes, and a dedicated wash bay. Built in 2014 and recently renovated, the property offers immediate income and long-term upside. With proximity to I-20, Loop 250, and key service routes, it's ideally located for industrial users and investors seeking stable returns in a high-demand energy market.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

10.91%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11206 W County Road 148

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2014

UTILITIES

Lighting, Gas, Water - Well, Sewer - Septic Field, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

26

LAND SF

1,132,560

ZONING

Commercial

APN/PARCEL ID

R000206-149

ASK ABOUT THIS PROPERTY

Robert LaFranceInvest Texas Real Estate, LLCMore Info
254-855-9179

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Robert LaFranceInvest Texas Real Estate, LLCMore Info
254-855-9179

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.