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2508 FM 307 12,800 SF 100% Leased Industrial Building Midland, TX 79706 For Sale
Investment Highlights
- 1.00 AC Fuel Island on the West side of property - Frontage on Fairgrounds Rd.
- FM 307 Frontage
- *Added Bonus: Pond located on the southeast portion of the property
- Conducive for Heavy Truck Traffic & Industrial Use
- Asphalt Drive Surrounding the Building
Executive Summary
This 12,800 SF industrial facility is situated on 31 acres in Midland County. The property features a well-appointed 4,000 SF office area with 14 private offices, a spacious conference room, breakroom, training/bullpen room, IT closet, and dedicated copier/plot area. The 8,800 SF shop is equipped with five 14' overhead doors, creating one drive-through bay, along with two ground-floor shop offices and a restroom. A mezzanine level provides an additional built-out office and extensive storage space. The expansive yard is fully fenced and secured, with multiple carports positioned around the building for added convenience. This property offers excellent functionality for a wide range of industrial operations.
This property is located near the intersection of FM 307 and Fairgrounds Road, just south of Midland. It provides convenient access to I-20 and TX-349 and is centrally positioned near major oilfield transportation routes, including Garden City Highway. The site sits roughly one mile from IH-20, offering excellent regional connectivity.
This property is located near the intersection of FM 307 and Fairgrounds Road, just south of Midland. It provides convenient access to I-20 and TX-349 and is centrally positioned near major oilfield transportation routes, including Garden City Highway. The site sits roughly one mile from IH-20, offering excellent regional connectivity.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2005 |
| Lot Size | 29.35 AC | No. Drive In / Grade-Level Doors | 5 |
| Rentable Building Area | 12,800 SF |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Lot Size | 29.35 AC |
| Rentable Building Area | 12,800 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| No. Drive In / Grade-Level Doors | 5 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R000003-425 | Improvements Assessment | $963,189 CAD |
| Land Assessment | $636,459 CAD | Total Assessment | $1,599,648 CAD |
Property Taxes
Parcel Number
R000003-425
Land Assessment
$636,459 CAD
Improvements Assessment
$963,189 CAD
Total Assessment
$1,599,648 CAD
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2508 FM 307
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