1502 N Loop 250 W - Warehouse FOR SALE


Midland, TX 79703
$1,350,000 USD
432-413-6393
1502 N Loop 250 W, Midland, TX for Sale
$1,350,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

1502 N Loop 250 W
Midland, TX 79703


HIGHLIGHTS

  • Annual Average Daily Traffic ADDT: 46,121 Cars (TxDOT 2023)
  • 191 Frontage: 130'
  • Fenced Lot | Site Serviced by City Utilities | Office Space in Center Warehouse Building
  • Currently 100% occupied
  • Excellent Upside Potential to Improve Rental Income & Terms
  • *Annual Gross Income - Available upon ask

OVERVIEW

Self-storage warehouse facility for sale! The property includes (8) 24'x28' units with 10'x12' roll-up doors and electricity, (6) 11'x28' units with 10'x12' roll-up doors, and (2) 100'x28' units with multiple 12'x12' doors. This property presents an excellent opportunity for income generation or redevelopment. This warehouse facility is strategically positioned near the intersection of Loop 250 and 191/Andrews Highway, offering high traffic and excellent visibility from the Loop 250 service road.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PRICE REDUCTION

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72

LAND SF

31,363

ZONING

-

APN/PARCEL ID

R000053-602

ASK ABOUT THIS PROPERTY

Tommy ReynoldsMoriah GroupMore Info
432-413-6393

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Tommy ReynoldsMoriah GroupMore Info
432-413-6393

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