Skip to content
11206 W CR 148 – Midland, TX
For Sale

$10,500,000

Prime industrial facility offering strong investment potential with $1.2M annual NOI and attractive 10.67% cap rate.

Building Area: 77,347 SF· Land Size: 26+- Acres·

11206 W CR 148 – Midland, TX

Property Description

Investment Property Overview

Prime industrial facility offering strong investment potential with $1.2M annual NOI and attractive 10.67% cap rate. This Class A warehouse property, constructed in 2014, encompasses 77,347 SF of total space, including 14,277 SF of modern office area, situated on a spacious 26-acre site.

Property Specifications:

  • Sale Price: $10,500,,000
  • Total Building Area: 77,347 SF
  • Office Component: 14,277 SF
  • Land: 26 acres
  • Year Built: 2014
  • Clear Height: 25 feet
  • Loading: 12 drive-in/grade-level doors
  • Structure: Two-story, Class A
  • Occupancy: Single-tenant
  • Parking Ratio: 0.16 spaces per 1,000 SF

Investment Metrics:

  • Net Operating Income: $1.2 million annually
  • Capitalization Rate: 10.67%
  • Investment Type: NNN
  • Asset Class: Industrial/Warehouse

Security & Access:

  • 24-hour accessibility
  • Fully fenced perimeter

This institutional-grade warehouse facility represents a compelling investment opportunity with stable cash flow and strong fundamentals in today’s industrial market.

Property Details

Total Building Area: 77,347 SF
Land: 26 acres
Year Built: 2014
Robert LaFrance

Robert LaFrance

Sales Agent · Co-Owner

Gallery

  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • 11206 W CR 148
  • stairs