The property is a vacant 8,302-square-foot industrial asset situated on 2.00 acres of land. It was delivered in 2018 and features metal construction, five overhead doors, a 25 foot clear height, and one-phase power with 240 volts. The property's modern construction and design make it an attractive option for a variety of owner uses or lease-up investment opportunities. Its proximity to major thoroughfares, including Ranch Road 1788, State Highways 349 and 191, and Interstate 20, provides easy access to transportation routes. The property's location is also beneficial for businesses that require convenient shipping and receiving.
The property's location in Midland offers a competitive advantage due to the limited availability of industrial properties in the area. At the time of listing, there were no industrial properties available for lease within a one-mile radius. This scarcity of industrial space makes the property an attractive option for businesses looking for a functional and efficient space. The Midland market has limited new supply, with only 45,100 square feet of industrial space under construction during Q1 2026, which accounts for 0.2% of the total inventory (CoStar). This limited supply contributes to the property's potential for long-term value appreciation.