Angelica Tillman - Coldwell Banker Covenant
2800 Francis Ave
Midland, TX 79701

$1,080,000

Description

Amazing Industrial/Cap Rate FInd right by Midland Horseshoe Arena. Great tenant in place 10875 sqft building on 2.33 acres. New Perimeter Security Fence, Restabalized Caliche Yard. More than 4 years remain on lease. Under a 7.5 year return or a 13.29 Cap. This is a great building to add to any portfolio.

Details

MLS50018419
Sub-TypeResale
StatusActive
Year1983
Days On Site28

Features

SQ Feet10,875
Story(s)1
ZoningN/A

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Area Information

StateTX
CountyMidland
CityMidland
Zip Code79701
AreaOther
Listing VS Median (in 79701)
Price:
$1,080,000
low | high
Med:
$235,000
100% of Average
SqFt:
10,875
low | high
Med:
1,606
100% of Average
$ / SqFt:
$99
low | high
Med:
$146
2.657568839075% of Average
On Site:
28
low | high
Med:
39
71.794871794872% of Average
Listing Updated: 11/15/2018
MLS Number: 50018419
Listing Provided By:
Thomas Johnston ABR /CNHS  of  The Real Estate Ranch LLC

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