7101 County Road 60Midland, TX 79705

For Sale
$640,000

5,000 SF Industrial Space w/ Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 3.63-acre property in Midland, Texas (79705), presents a unique investment opportunity. Located at 7101 E County Rd 60, the property boasts a 5,000 square foot metal shop featuring three bay doors and an office with substantial storage. The entire lot is fully fenced with two automated gates, enhancing security and accessibility. The property includes three buildings, all single-story structures, built in 2015. Two existing mobile homes situated at the rear of the property offer additional income potential, each with its own electric meter and sharing a septic system. While requiring some updates, these units represent a significant revenue stream. The property's zoning allows for diverse uses, including potential development into an RV park or employee housing. The asking price is $640,000, translating to $128 per square foot. This is a gross lease, multi-tenancy property offering 100% ownership. The property's versatile nature and existing income streams make it an attractive investment for a variety of buyers. This is a rare opportunity to acquire a substantial industrial property with significant upside potential in a thriving Texas market.

Highlights

  • $640,000 asking price for a multi-tenant industrial property.
  • 5,000 square feet on a 3.63-acre lot in Midland, TX.
  • Property includes three buildings, a 5,000 sq ft metal shop with three bay doors and office space, and two existing rental trailers.
  • Features a fully fenced lot with two automated gates.
  • Built in 2015, this one-story property offers a gross lease structure and 100% ownership.

Property Details for 7101 County Road 60

Property type
Other mixed-use properties, Other land
Square Feet
5,000 SF
Year Built
2015
Buildings
3
Stories
1
Lot Size (sq. ft)
158,123 SF

Location Insight

City
Midland
County
Midland
State
Texas
Latitude
32.069031
Longitude
-101.9799292
7101 County Road 60, Midland, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7101 County Road 60
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message