For Sale
$2,950,000

14000 I-20 Midland Tx Midland, TX 79705

7,550 SF Flex Space, 22 Acres, I-20 Frontage

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 7,550-square-foot Class A flex space situated on a substantial 22.38-acre lot at 14000 W I-20 in Midland, Texas, zip code 79705. The property boasts a prime location directly off Interstate 20, ensuring unparalleled visibility and accessibility. Built in 2006 and renovated in 2013, this single-story building offers immediate income potential through leasing or owner-occupancy. The property includes one building with a permitted industrial zoning, allowing for diverse commercial uses, from retail to industrial operations. Midland's thriving economy, fueled by the oil and gas sector and a growing population, creates strong demand for commercial real estate, enhancing the long-term investment value. The asking price is $2,950,000, translating to $131,814.12 per acre, reflecting the strategic location and market appreciation potential. This property offers a unique blend of immediate income generation and future development upside, making it an attractive investment in a dynamic market. The property's location provides easy access to major highways and is approximately 8 miles from Midland International Airport. Nearby amenities include a variety of retail stores, restaurants, and service providers. This is a single-tenant property.

Highlights

  • I-20 frontage offers excellent visibility and accessibility.
  • High demand for commercial properties in Midland's robust oil and gas economy.
  • Existing buildings provide immediate income potential through leasing or owner-occupancy, with future development upside.
  • Midland's population growth increases long-term commercial real estate value.
  • $2,950,000 asking price reflects strategic location and market appreciation potential; $131,814.12 per acre.
  • Zoning permits diverse commercial uses, appealing to a wide range of buyers.

Property Details for 14000 I-20 Midland Tx

Property type
Industrial properties, Flex space
Square Feet
7,550 SF
Class
A
Year Built/Renovated
2006/2013
Buildings
1
Stories
1
Lot Size (sq. ft)
974,873 SF
Units
1

Location Insight

City
Midland
County
Midland
State
Texas
Latitude
31.885395
Longitude
-102.268101

FAQs

What type of property is this?
Industrial property - 7,550 SF Flex Space, 22 Acres, I-20 Frontage
Where is the industrial property located?
The property is located at 14000 I-20 Midland Tx Midland, TX.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: I-20 frontage offers excellent visibility and accessibility.; High demand for commercial properties in Midland's robust oil and gas economy.; Existing buildings provide immediate income potential through leasing or owner-occupancy, with future development upside.
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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14000 I-20 Midland Tx
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