Description
PERFECT INVESTMENT PROPERTY IN WEST TEXAS! Newly updated office & warehouseideally located between MIA & Odessa, TX. This amazing property sits on 3 acres w/ a massive 21,735 sq. ft. warehouse & 8,583 sq. feet of office space. Convenient access to Hwy/Business 20 frontage on a two-way service road makes this the ultimate location. Currently,there is a national tenant w/ a 5-year Triple Net Lease at $22,000 per month (estimated 9.25% cap rate).This is a rare opportunity & will not last long
Details
| MLS | 109607 |
|---|---|
| Sub-Type | Resale |
| Status | Active |
| Year | 2013 |
| Days On Site | 315 |
Features
| SQ Feet | 30,319 |
|---|---|
| Story(s) | 1 |
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Area Information | |
|---|---|
| State | TX |
| County | Midland |
| City | Odessa |
| Zip Code | 79765 |
| Area | Out of Area |
| Listing VS Median (in 79765) | |
Price: $2,850,000 low | high Med: $265,000 100% of Average SqFt: 30,319 low | high Med: 1,866 100% of Average $ / SqFt: $94 low | high Med: $142 2% of Average On Site: 315 low | high Med: 3 100% of Average | |
MLS Number: 109607Listing Provided By:
CALEB MATOTT of CM Ranch Real Estate
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