1501 Fairgrounds RdMidland, TX 79706

Property Details for 1501 Fairgrounds Rd

Year built

1978

Lot size

3.83 AC

Property size (Sq ft)

20,894 SF

Property type

Office properties

Property subtype

Mixed-use properties

Description

This exceptional mixed-use property in Midland, Texas, presents a unique investment opportunity. Spanning 20,894 square feet on a 3.83-acre lot, the property features a main building with 13,754 square feet of office space and a 1,440-square-foot shop, both remodeled in 2015. The office area boasts a welcoming reception area, an executive suite complete with a private shower, 22 private offices, multiple restrooms, and an open area suitable for cubicles. Two conference rooms cater to various group sizes, offering flexibility for meetings and training sessions. The shop area includes a parts office, crew space, men's and women's locker rooms, and open storage with an 8-foot garage door. A separate 5,700-square-foot tote facility provides ample outdoor workspace. The property is zoned for commercial use and benefits from convenient access to major roadways, including Business 20, I-20, and Loop 250. Built in 1978, this property offers a blend of established infrastructure and recent renovations, making it ideal for owner-users seeking a versatile and well-equipped space. The asking price is $4,680,000, with a price per square foot of $223.99. The property is currently vacant and operates under a NNN lease type. The property is easily sectioned to meet individual needs.

Location Insight

City

Midland

County

Midland

State

Texas

Latitude

32.0197

Longitude

-102.054

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].