
Sold
$3,600,000
10% cap rate·
2 miles from TX-191·
10504 W County Road 72 – Midland, TX
Property Description
Prime Industrial Investment Opportunity at 10504 W. County Rd 72 in Midland’s thriving industrial corridor. This 25,000 SF facility, situated on 4.5 acres, presents compelling returns with strong tenant occupancy and strategic location advantages.
- Purchase Price: $3,600,000 ($144/SF)
- Current Cap Rate: 10% ($360,000 annual income)
- Monthly Rent: $30,000, increasing to $35,750 during renewal
- Projected Renewal Cap Rate: 11.92% ($429,000 annual income)
Property Specifications:
- Total Building Area: 25,000 SF
- Office Space: 5,000 SF
- Shop/Warehouse Area: 20,000 SF
- Land Size: 4.5 acres
- Additional development potential
Location Advantages:
- 2 miles from TX-191
- 6 miles to Midland Airport
- 6.5 miles to I-20
- Surrounded by established industrial parks
- Prime position in Midland’s industrial growth corridor
Gallery
- { splideModal.go(0, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(1, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(2, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(3, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(4, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(5, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(6, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(7, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(8, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(9, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(10, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(11, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(12, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">
- { splideModal.go(13, true) }, 100);"
class="splide__slide max-w-xs lg:max-w-md cursor-pointer">