10104-10204 Farm to Market 307 | Midland, TX 79706
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- LoopNet Team
10104-10204 Farm to Market 307
Midland, TX 79706
Industrial Property For Sale
Investment Highlights
- Two-Building Industrial Portfolio Totaling 21,375 Square Feet, Situated on 3.52 Acres.
- Vacant Sale Creates Owner-User or Investor Lease-Up Opportunity to Achieve Above Market Return.
- 7.6% Average Cap Rate for On-Market Industrial Property Built After 2000 (CoStar).
- Metal Construction Featuring Six Total Grade-Level Doors, Professional Landscaping and Asphalt Lot.
- Attractive Price Per-Square-Foot on Recently Built Property with High Quality Office Buildout
- Frontage Along Farm to Market 307, Providing Easy Access to Interstate 20.
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 21,375 SF |
| Property Subtype | Warehouse | Number of Floors | 1 |
| Building Class | B | Year Built | 2019 |
| Lot Size | 3.52 AC | Tenancy | Single |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.52 AC |
| Rentable Building Area | 21,375 SF |
| Number of Floors | 1 |
| Year Built | 2019 |
| Tenancy | Single |
PROPERTY TAXES
| Parcel Number | R000206-872 | Improvements Assessment | £570,305 |
| Land Assessment | £124,584 | Total Assessment | £694,889 |
PROPERTY TAXES
Parcel Number
R000206-872
Land Assessment
£124,584
Improvements Assessment
£570,305
Total Assessment
£694,889
zoning
| Zoning Code | Commercial (Commercial) |
| Commercial (Commercial) |
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