PRICE REDUCTION | 1502 N Loop 250 W
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PRICE REDUCTION 1502 N Loop 250 W
18,504 SF 100% Leased Industrial Building Midland, TX 79703 $1,952,775 CAD ($106 CAD/SF)
INVESTMENT HIGHLIGHTS
- Annual Average Daily Traffic ADDT: 46,121 Cars (TxDOT 2023)
- Fenced Lot | Site Serviced by City Utilities | Office Space in Center Warehouse Building
- Excellent Upside Potential to Improve Rental Income & Terms
- 191 Frontage: 130'
- Currently 100% occupied
- *Annual Gross Income - Available upon ask
EXECUTIVE SUMMARY
Self-storage warehouse facility for sale! The property includes (8) 24'x28' units with 10'x12' roll-up doors and electricity, (6) 11'x28' units with 10'x12' roll-up doors, and (2) 100'x28' units with multiple 12'x12' doors. This property presents an excellent opportunity for income generation or redevelopment.
This warehouse facility is strategically positioned near the intersection of Loop 250 and 191/Andrews Highway, offering high traffic and excellent visibility from the Loop 250 service road.
This warehouse facility is strategically positioned near the intersection of Loop 250 and 191/Andrews Highway, offering high traffic and excellent visibility from the Loop 250 service road.
PROPERTY FACTS
| Price | $1,952,775 CAD | Building Class | C |
| Price Per SF | $106 CAD | Lot Size | 0.72 AC |
| Sale Type | Investment | Rentable Building Area | 18,504 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1970 |
| Price | $1,952,775 CAD |
| Price Per SF | $106 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.72 AC |
| Rentable Building Area | 18,504 SF |
| No. Stories | 1 |
| Year Built | 1970 |
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PROPERTY TAXES
| Parcel Number | R000053-602 | Improvements Assessment | $173,046 CAD |
| Land Assessment | $155,828 CAD | Total Assessment | $328,873 CAD |
PROPERTY TAXES
Parcel Number
R000053-602
Land Assessment
$155,828 CAD
Improvements Assessment
$173,046 CAD
Total Assessment
$328,873 CAD
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PRICE REDUCTION | 1502 N Loop 250 W
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