Contacts

Trey Dennis

Moriah Real Estate Company

Property Details

Property Type Industrial - Manufacturing
Property Size 23,688 SF
Lot Size 0.61 Acre
Additional Rent Contact for pricing
Year Built 1957
Date Updated Oct 25, 2024
HVAC None

Situated on a sizable 0.61 AC lot, this conveniently located warehouse offers space and accessibility. Located on W. Industrial Ave, with easy access to I-20 in central Midland.This warehouse presents a value-add opportunity for potential buyers. With a spacious interior spanning over 23,688 SF, it offers ample room for various business operations. The facility boasts three convenient overhead doors, enhancing accessibility for loading and unloading operations. Additionally, the warehouse features a generous 20-foot clear height throughout.

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Highlights

23,688 SF of Warehouse Space
(3) Overhead Doors
20' Clear Height Throughout
Built in 1957
1,528 AADT (TxDOT Annual Average Daily Traffic)

Attachments

Brochure (L) (PDF) opens in new window

Getting around

53/100
Walk Score ®
43/100
Bike Score ®

City Midland, TX
Neighborhood Midland Heights
Zip Code 79701
Market Midland Odessa

Points of Interest

Walmart

1.24 miles
Sunoco

1.28 miles
Exxon

1.44 miles
Stripes

1.46 miles
7-Eleven

1.72 miles
Amigo's Gas Station

2.16 miles
Texaco

2.55 miles
Kent Kwik

2.60 miles
Tesla Supercharger

4.27 miles

Cascades Car Wash

3.56 miles
Soft Suds Auto Spa

3.70 miles
The Wet Spot

4.20 miles

La Mision

0.52 miles
Chick-fil-A

0.82 miles
Luigi's

0.83 miles
Taco Villa

0.84 miles
Wall Street Bar & Grill

1.02 miles
Jack in the Box

1.15 miles
Domino's

1.16 miles
Subway

1.17 miles
McAlister's Deli

1.18 miles
Basin Burger House

1.18 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

Trey Dennis

Moriah Real Estate Company

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1503 West Industrial Avenue, Midland, TX 79701 - Industrial Space

1503 West Industrial Avenue is located at 1503 West Industrial Avenue in Midland, TX 79701. The property was completed in 1957. This Midland industrial investment incorporates a total of 23,688 SF. Located in Midland Heights, this commercial property is situated on a lot that is 0.61 Acre in size.

Within the same neighborhood, there is a total of 728,325 SF of available industrial space across 22 industrial spaces for lease. Including all property building classes and property grades, the average asking industrial rent per square foot in Midland Heights is $17.75/SF/YR. At zip code level, leasing opportunities currently on the market include 12 industrial spaces that add up to a total of 73,130 SF. Industrial building sale prices in Midland Heights average $1,529,666.

At city level, there are 37 commercial properties, of which 6 are industrial buildings of 50,000 square feet or larger. Across the market, the average asking industrial rent per square foot in Midland is $17.75/SF/YR. Specifically, the average industrial rate for Class C industrial buildings is $4.8/SF/YR. Industrial building sale prices in Midland average $1,529,666.

1503 West Industrial Avenue