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2 Bay Warehouse Near Downtown Midland, TX 3209 Franklin Ave

7,200 SF Vacant Industrial Building Midland, TX 79701 £648,572 (£90/SF)

Investment Highlights

  • (2) 14' x 14' Overhead Doors
  • Lease to Own Terms Available
  • 2 Miles to Downtown Midland

Executive Summary

Excellent warehouse option located near Downtown Midland, TX with quick highway access. This 7,200 SF warehouse measures 120’ x 60’ on 0.482 paved acres. Warehouse features include (2) 14’x14’ overhead doors, 18’ eave height, 20’ ceiling height, 1 private office, and 2 bathrooms (1 with shower). In addition to the shop, there is 250 SF of office space. The site is served by city utilities and zoned commercial. Available for sale or lease - Sale will include pallet racks within the warehouse. Owner is offering lease to own terms: Rental credit towards purchase price offered on long-term lease. Contact Larry Nielsen for more details or to schedule a tour.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £648,572
Price Per SF £90
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.48 AC
Rentable Building Area 7,200 SF
Number of Floors 1
Year Built 1982
Parking Ratio 2.78/1,000 SF
Clear Ceiling Height 20 ft
No. Dock-High Doors/Loading 1
Level Access Doors 2

Utilities

  • Water - City
  • Sewer - City

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,200 SF
  • Industrial
  • Full Build-Out
  • Now

7,200 SF on 0.482 Acres (2) 14' x 14' Overhead Doors 18' Eave Height, 20' Ceiling Height 250 SF Office 1 Private Office, 2 Bathrooms (1 w/ Shower) City Utilities, Zoned Commercial 2 Miles to Downtown Midland

Space Size Space Use Condition Available
1st Floor 7,200 SF Industrial Full Build-Out Now

1st Floor

Size
7,200 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 7,200 SF
Space Use Industrial
Condition Full Build-Out
Available Now

7,200 SF on 0.482 Acres (2) 14' x 14' Overhead Doors 18' Eave Height, 20' Ceiling Height 250 SF Office 1 Private Office, 2 Bathrooms (1 w/ Shower) City Utilities, Zoned Commercial 2 Miles to Downtown Midland

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000040-370
Land Assessment
£8,225 (2023)
Improvements Assessment
£96,730 (2023)
Total Assessment
£104,954 (2023)

zoning

Zoning Code Commercial, RR
Commercial, RR
  • Listing ID: 29290309

  • Date on Market: 16/08/2023

  • Last Updated:

  • Address: 3209 Franklin Ave, Midland, TX 79701

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