5204 N Lamesa Rd Midland, TX ^$ 2,699,000

5204 N Lamesa Rd

^$ 2,699,000

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5204 N Lamesa Rd

Midland, TX, 79705

^$ 2,699,000

Studio Baths0.0 Sq 50,000

Monthly Estimate*

^$ 17,938

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Studio

Commercial Property for sale in Midland, TX

for $2,699,000. This 50,000 square foot building was built in 1980 on a lot size of 5.

Looking for a great investment?! Look no further! This industrial warehouse property, located on the north edge of Midland, offers a total of 50,000 sqft of warehouse space across 4 buildings. Complete with gated entry, loading ramps, overhead doors, office space, this property has all the essentials for a successful business operation! Currently, two of the buildings are leased out, NNN lease, and no inclusions or utilities paid by owner. Whether you're looking to expand your portfolio or estab

Commercial Active

Price

^$ 2,699,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Warehouse

Lot Size

Year Built

1980

Town/City

Midland

County/Region

Midland

MLS | Web ID

50068107

Features

General

Road Frontage City Street

Heating Other-See Remarks

Cooling Electric

Ceiling Height Less than 20 ft

Roof Metal

Parking Paved Parking

Year Built 1980

Subdivision Other

Stories One

Exterior

Road Surface Caliche Paved

* Excluded Features

List By

Era Newlin & Company

Broker

(325) 481-0500

Phone

Affordability Calculator

$17,938

Per Month

Monthly Principal & Interest: $17,938
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 ^$2,124,204

Percent of Sale Price 21%

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
3/19/2024	$2,699,000	-6.90%	Price Down
12/13/2023	$2,899,000		Listed Price

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5204 N Lamesa Rd, Midland, TX, 79705 is a Commercial Property for sale at $2,699,000 with 50,000 sqft and a lot size of 5. 5204 N Lamesa Rd is a studio with 0.0 baths and was built in 1980. The property's zip code is 79705 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 6/1/2024.

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5204 N Lamesa Rd

Commercial Property for sale in Midland, TX

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