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32044842
32044847

6907 FM 715, MIDLAND, TX 79706

JO
TX 799220
Moriah Real Estate Company, LLC
TD
TX TX 723150
Moriah Real Estate Company, LLC
Moriah Real Estate Company, LLC
Listed by Moriah Real Estate Company, LLC
$2,496,000
48 days on market
Updated 47 days ago

2401 East County Road 155 | Investment Sale

Details
APN R000003777
Property Type Industrial
Square Footage 3,200
Units 1
Cap Rate 10.00%
NOI $249,600
Tenancy Single
Lease Type NNN
Class B
Year Built 2023
Lot Size (SqFt) 340,204
Ground Lease No
Sale Condition N/A

Industrial | 10.00% CAP | 3,200 SqFt

Marketing description

This 11,200 SF industrial property sits on a 4.00-acre caliche base yard with full perimeter fencing and two gated entrances, providing ample yard space for operations and equipment. The site is equipped with 3-phase 480V power, fiber internet, a water well, and a septic system.

The building features (8) overhead doors with (4) drive-through bays, mezzanine storage in the shop, and a covered wash bay with a sump system. Office improvements include (4) offices, a conference room, a built-out lab room, a kitchenette, (2) restrooms, and additional storage space.

Investment highlights

11,200 SF industrial building on 4.00-acre fenced yard

(8) overhead doors with (4) drive-through bays + covered wash bay

3-phase 480V power, fiber internet, water well, and septic

Office buildout with (4) offices, conference room, lab, and kitchenette

Long-term tenant in place (lease through August 2030)

Listing Contacts

JO
TX 799220
Moriah Real Estate Company, LLC
TD
TX TX 723150
Moriah Real Estate Company, LLC
Moriah Real Estate Company, LLC
Listed by Moriah Real Estate Company, LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$249,600.00
$20,800.00/mo

Valuation Metrics

0
DSCR
10%
Cap Rate
10%
ROI

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Additional Information

Name
Jack Oduro
License
799220
Brokerage Address
15 Smith Road
Name
Trey Dennis
License
TX 723150
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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