For Sale
$1,200,000

3704 County Road 1223 Midland, TX 79706

High-Yield, Multi-Tenant Property in Midland, TX

Overview

Added:
Feb 3
Days on market:
79
This exceptional 14,361 square foot commercial property, situated on a generous 10.26-acre lot in Midland, Texas, presents a compelling investment opportunity. Ideally located approximately a quarter-mile from the intersection of I-20 and Loop 250, this property enjoys excellent visibility and accessibility. Currently generating a substantial monthly income of $12,250 from five existing income-producing leases, this asset offers significant potential for growth. The property's spacious layout and ample land allow for expansion, with the capacity to accommodate up to seven tenants. This translates to a strong potential for increased revenue and a higher return on investment. The existing leases provide a stable income stream, mitigating risk and offering immediate cash flow. Given its prime location, strong tenant occupancy, and expansion possibilities, this property represents a rare opportunity for investors seeking a high-yield, multi-tenant commercial investment in a thriving Texas market. The property's size and location make it suitable for a variety of commercial uses, providing flexibility for future development and adaptation to changing market demands. This is a turnkey investment ready to generate immediate returns and offer long-term growth potential. Serious inquiries are encouraged.

Property Details for 3704 County Road 1223

Property type
Commercial real estate
Square Feet
14,361 SF
Year Built
2016
Lot Size (sq. ft)
446,926 SF

Location Insight

City
Midland
County
Midland
State
Texas
Latitude
31.94718
Longitude
-102.1229

FAQs

What type of property is this?
Commercial real estate - High-Yield, Multi-Tenant Property in Midland, TX
Where is the commercial real estate located?
The property is located at 3704 County Road 1223 Midland, TX.
What is the asking price?
The asking price for this property is $1,200,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3704 County Road 1223
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