3305 Bankhead HwyMidland, TX 79701

  • Industrial properties
  • 6,000 SF
For Sale
$675,000 View listing

Property Details for 3305 Bankhead Hwy

Year built
1958
Lot size
1.72 AC
Property size (Sq ft)
6,000 SF
Property type
Industrial properties
APN
R000004278
APU
R000004278

Description

This exceptional industrial property in Midland, Texas, presents a unique investment opportunity. The 11,202-square-foot warehouse sits on a 1.72-acre lot and comprises two metal buildings. The larger building, encompassing 6,000 square feet, includes an office, a small reception area, restrooms, a mezzanine within the shop area, and two overhead doors. The second building offers an additional 5,202 square feet of space and features one overhead door. The property boasts convenient access to major highways, strategically located between Wall Street and Industrial Avenue, just two miles west of downtown Midland. The site includes a fenced perimeter, asphalt surrounding both buildings, and a convenient circle drive. Bankhead Highway frontage measures 300 feet, benefiting from approximately 1,510 average daily traffic counts (2022 data). City utilities (water and sewer) are readily available. The property is zoned commercial, with permitted land use designated as store or shop building. This well-positioned warehouse is ideal for various industrial and storage needs. The asking price is $675,000.

Location Insight

City
Midland
County
Midland
State
Texas
Latitude
31.9824
Longitude
-102.107
CBSA code
33260
CBSA name
MIDLAND, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,992
$150,000
$183,080
$333,080
-
$150,000
$183,080
$333,080

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