432-967-3156
2703 W Industrial Ave, Midland, TX for Sale
Warehouse - FOR SALE
1/73
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2703 W Industrial Ave
Midland, TX 79701


HIGHLIGHTS

  • Value Add Opportunity
  • Below Replacement Cost
  • Quality Construction
  • Functional Design
  • Strategic Location
  • Tenant Demand

OVERVIEW

FlexParks USA is pleased to present the opportunity to acquire Midland Industrial Warehouse, located at 2703W Industrial Avenue in Midland, Texas. This multi-tenant industrial property is situated within one of West Texas’ most established and active industrial corridors, surrounded by a dense concentration of service, contractor, and energy-related users that continue to drive consistent tenant demand. The property features a functional shallow-bay industrial layout with flexible unit sizes designed to accommodate a wide range of tenants, including light manufacturing, service-based businesses, and oilfield support users. With dock-high loading, practical clear heights, and 24/7 access,the asset offers the operational functionality tenants seek in today’s small- to mid-bay industrial market. The diversified tenant mix supports durable cash flow while limiting exposure to any single occupant. In-place rents at the property remain well below current market levels, presenting a clear and immediate opportunity to capture upside through mark-to-market leasing as space turns. Additionally, the asset offers value-add potential through targeted capital improvements, enhanced exterior presentation, and operational efficiencies that can further support rent growth and long-term performance. Offered well below replacement cost, the property provides investors a rare opportunity to acquire functional industrial product at a significant discount compared to the cost of new construction. This pricing advantage is further amplified when compared to the rapidly rising values seen across Texas’s high-demand flex and small-bay industrial markets, where new development costs continue to push rents higher. Proximity to major thoroughfares and key industrial corridors enhances accessibility for tenants and service providers alike, reinforcing the property’s competitive positioning within the submarket.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Midland Industrial Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

UTILITIES

Lighting

CLEAR CEILING HT

14 Ft

DOCKS

39

DRIVE INS

10

PARKING SPACES

20

LAND DETAILS

LAND ACRES

6.79

LAND SF

295,772

ZONING

-

APN/PARCEL ID

R000044-489

ASK ABOUT THIS PROPERTY

Joshua MimsFlex Parks USAMore Info
432-967-3156

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Joshua MimsFlex Parks USAMore Info
432-967-3156

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