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32079542
32078962

11902 West County Road 58, Midland, TX 79707

CB
TX 839529
DC
TX TX 722097
Marcus & Millichap - Dallas
AA
TX 661916
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas
$1,250,000
36 days on market
Updated 36 days ago

11902 West County Road 58

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 8,302
Tenancy Single
Pro-Forma Cap Rate 10.88%
Class B
Year Built 2018
Buildings 1
Acreage 2.000
Ground Lease No
Ceiling Height 25
Loading Docks 5

About This Property

Marketing description

The property is a vacant 8,302-square-foot industrial asset situated on 2.00 acres of land. It was delivered in 2018 and features metal construction, five overhead doors, a 25-foot clear height, and one-phase power with 240 volts. The property's modern construction and design make it an attractive option for a variety of owner uses or lease-up investment opportunities. Its proximity to major thoroughfares, including Ranch Road 1788, State Highways 349 and 191, and Interstate 20, provides easy access to transportation routes. The property's location is also beneficial for businesses that require convenient shipping and receiving.

The property's location in Midland offers a competitive advantage due to the limited availability of industrial properties in the area. At the time of listing, there were no industrial properties available for lease within a one-mile radius. This scarcity of industrial space makes the property an attractive option for businesses looking for a functional and efficient space. The Midland market has limited new supply, with only 45,100 square feet of industrial space under construction during Q1 2026, which accounts for 0.2% of the total inventory (CoStar). This limited supply contributes to the property's potential for long-term value appreciation.

Investment highlights

  • Vacant 8,302-Square-Foot Industrial Asset Situated on 2.00 Acres
  • Delivered in 2018, Featuring Metal Construction, Five Overhead Doors, 25-Foot Clear Height, & One Phase 240V Power
  • Close Proximity to Major Thoroughfares: 1788, Highways 349 & 191, and I-20
  • Ideal for Variety of Owner Uses or Lease-Up Investment Opportunity
  • No Industrial Properties Available for Lease within One-Mile Radius at Time of Listing
  • Limited New Supply in Midland Market, Only 45,100 Square Feet of Industrial Space Under Construction During Q1 2026 -0.2% of Inventory

Listing Contacts

CB
TX 839529
DC
TX TX 722097
Marcus & Millichap - Dallas
AA
TX 661916
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas

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Additional Information

Name
Tim Speck
License
TX 9002994
Title
Broker of Record
Name
Chase Beasley
License
839529
Brokerage Phone
(972) 755-5229
Name
Davis Cagle
License
TX 722097
Brokerage Phone
(972) 755-5230
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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