5508 S FM 1788 - Light Distribution FOR SALE


Midland, TX 79706
$1,099,000 USD
432-634-8057
5508 S FM 1788, Midland, TX for Sale
$1,099,000 USD
Light Distribution - FOR SALE
1/23
null | Request Cap Rate

5508 S FM 1788
Midland, TX 79706


HIGHLIGHTS

  • Industrial Flex Space
  • 4.41 Total Acres
  • 2 Lots

OVERVIEW

Industrial Flex Space | 4.41 Total Acres | $1,099,000 Unlock 4.41 acres of industrial potential in the heart of the Permian Basin. This dual-property opportunity includes two well-equipped industrial sites with shops, offices, and yard space—available together or individually to suit your business needs. PROPERTY DETAILS: 5500 S FM 1788 (1.47 Acres) 4,000 SF total building size 2,000 SF office | 2,000 SF shop 2 Overhead Doors (14’ W x 10’ H) Spacious reception, 2 private offices, open work zones, breakroom, and 2 restrooms (1 w/shower) Built in 1984 | Well & Septic 5508 S FM 1788 (2.94 Acres) 4,200 SF total building size 700 SF office | 3,500 SF shop 1 Overhead Door (12’ W x 14’ H) Reception, IT room, 3 restrooms (1 w/shower), and a 1,200 SF mezzanine Built in 1984 | Well & Septic HIGHLIGHTS: Combined or individual sale options Ideal for oilfield services, logistics, or industrial operations Ample yard space for equipment and fleet Located in Midland, TX—epicenter of the Permian Basin Surging investment activity and oil production in the region

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5500 & 5508 S FM 1788

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Truck Terminal, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.47

LAND SF

64,033

ZONING

-

APN/PARCEL ID

R000007-926

ASK ABOUT THIS PROPERTY

Tyler HudginsInvest Texas Real EstateMore Info
432-634-8057

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Tyler HudginsInvest Texas Real EstateMore Info
432-634-8057

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