5501 W Industrial Ave Midland, TX ^$ 400,000

5501 W Industrial Ave

^$ 400,000

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5501 W Industrial Ave

Midland, TX, 79706

^$ 400,000

Studio Baths0.0 Sq 4,421

Monthly Estimate*

^$ 2,659

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Studio

Commercial Property for sale in Midland, TX

for $400,000. This 4,421 square foot building was built in 2008 on a lot size of 1.21.

Incredible commercial potential awaits! Positioned directly across the street from Cinergy, this exceptional site spans 1.2 acres, offering a golden opportunity. Capitalize on this prime location in West Texas to launch or grow your enterprise. Featuring over 4,000 sq. foot across three structures including a substantial 2,400 square foot main shop. Don't miss out on this opportunity!

Commercial Active

Price

^$ 400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Industrial/Commercial

Lot Size

1.21

Year Built

2008

Town/City

Midland

County/Region

Midland

MLS | Web ID

50070247

Features

General

Road Frontage City Street Interstate

Heating Other-See Remarks

Cooling Other-See Remarks

Ceiling Height Less than 20 ft 20 to 40 ft

Roof Composition

Parking Other-See Remarks

Year Built 2008

Subdivision ABCO WEST

Stories One

Exterior

Road Surface Paved

* Excluded Features

List By

Heritage Real Estate

Broker

(432) 230-3432

Phone

Affordability Calculator

$2,659

Per Month

Monthly Principal & Interest: $2,659
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Midland, TX

Average List Price ^$2,059,364

Percent of Sale Price 415%

About Midland, TX

132,228 Population

36% Since 2002

^$73,751 Median Income

34.79 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1795957 Elementary School

1795677 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2024	$400,000	-13.04%	Price Down
5/3/2024	$460,000	-16.36%	Price Down
4/2/2024	$550,000		Listed Price

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5501 W Industrial Ave, Midland, TX, 79706 is a Commercial Property for sale at $400,000 with 4,421 sqft and a lot size of 1.21. 5501 W Industrial Ave is a studio with 0.0 baths and was built in 2008. The property's zip code is 79706 which is in Midland, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Permian Basin Board of Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Permian Basin Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/2/2024.

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5501 W Industrial Ave

Commercial Property for sale in Midland, TX

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