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$1 Auction-REIT SALE | 9K SF Industrial 9215 W County Road 127 9,304 SF Industrial Building Midland, TX 79706 $238,089 CAD ($25.59 CAD/SF)



Investment Highlights
- ABSOLUTE $1 AUCTION | 9K SF Vacant Industrial | 2012 Built | TX | 5 Acres | AUCTION JUNE 22-24
- 1-Mi from I-20 with Traffic Counts of 37K VPD and 4-Mi from Midland International Air and Space Port
- Attractive Demographics with Annual Household Income of ±$118,874 (5-Mile)
- ±9,304 SF Industrial/Flex Facility on 5.28 Acres Available Below Replacement Cost
- Built in 2012; Fenced Site Features One Building with Multiple Dock-High and Overhead Doors
- Strategically Positioned within the Permian Basin, One of the Most Active and Productive Energy Regions in the Country
Executive Summary
Marcus & Millichap is pleased to present a vacant, free-standing industrial building located at 9215 W. County Road 127 in Midland, Midland County, Texas 79706 (the “Property”). This vacant industrial/flex facility is being offered at a substantial discount to replacement cost, presenting a compelling opportunity for owner-users and investors to acquire a highly visible asset at an attractive basis. FIRST BID MEETS RESERVE!
Constructed in 2012, the Property comprises ±9,304 square feet across one (1) freestanding building situated on a ±5.28-acre parcel (±229,997 SF) with 24 surface parking spaces. The main building features a flexible industrial/flex configuration with 27’ 3.5” clear ceiling heights, ±22% built-out office space, an open warehouse area, three drive-through bays and six overhead drive-in doors, and 3-phase/208V power. An attached covered awning provides additional covered loading or workspace area. Overall, the Property offers a highly adaptable layout ideal for industrial, flex, or logistics users seeking a cost-effective and well-positioned facility in the West Texas region. The site is fully fenced and includes a paved parking area with a single point of ingress/egress and approximately 260 feet of frontage along County Road 127, just east of County Road 1270 and south of Interstate 20 (±37,000 VPD). The Property was most recently leased to 1888 Industrial Services and previously to Warrior Energy Services, a subsidiary of Superior Energy Services, both on a net lease basis. The facility represents a compelling owner-user opportunity or a prime value-add investment with upside through long-term lease-up at market rates (CoStar estimates ±$18/SF NNN industrial). With no zoning restrictions or regulatory limitations in this portion of Midland County, the site accommodates a wide range of commercial, industrial, and flex uses, enhancing both redevelopment and re-tenanting potential.
The Property is strategically located in Midland, Texas, within the core of the Permian Basin, one of the most active and productive energy regions in the United States. Positioned ±1-Mi south of Interstate 20 and ±4-Mi from Midland International Air & Space Port, the site benefits from direct access to one of West Texas’s primary east-west transportation corridors, supporting efficient connectivity to Odessa, Big Spring, and broader regional distribution networks. This location facilitates the seamless movement of goods, equipment, and personnel throughout the Midland-Odessa MSA and across key energy production zones. The surrounding area is characterized by a dense concentration of industrial users, oilfield service providers, logistics operators, and equipment yards, reinforcing the location’s suitability for industrial, flex, and outdoor storage uses. Midland’s economy is anchored by the Permian Basin’s oil and gas industry, supporting a wide range of upstream, midstream, and service-related operations. This concentration of energy activity continues to drive strong demand for industrial space, yard storage, and distribution facilities, positioning the area as one of the most active industrial markets in Texas. Supported by a business-friendly environment, proximity to major production fields, and continued infrastructure investment, Midland remains a highly attractive market for industrial users and investors. Within a 5-mile radius, the area is home to ±14,402 residents with an average household income (AHHI) of ±$118,874, providing a reliable local labor pool to support industrial, logistics, and service-based operations. With its visibility, accessibility, and location within one of the nation’s most dynamic energy markets, the Property is well-positioned to support a wide range of industrial, service, and distribution uses.
Constructed in 2012, the Property comprises ±9,304 square feet across one (1) freestanding building situated on a ±5.28-acre parcel (±229,997 SF) with 24 surface parking spaces. The main building features a flexible industrial/flex configuration with 27’ 3.5” clear ceiling heights, ±22% built-out office space, an open warehouse area, three drive-through bays and six overhead drive-in doors, and 3-phase/208V power. An attached covered awning provides additional covered loading or workspace area. Overall, the Property offers a highly adaptable layout ideal for industrial, flex, or logistics users seeking a cost-effective and well-positioned facility in the West Texas region. The site is fully fenced and includes a paved parking area with a single point of ingress/egress and approximately 260 feet of frontage along County Road 127, just east of County Road 1270 and south of Interstate 20 (±37,000 VPD). The Property was most recently leased to 1888 Industrial Services and previously to Warrior Energy Services, a subsidiary of Superior Energy Services, both on a net lease basis. The facility represents a compelling owner-user opportunity or a prime value-add investment with upside through long-term lease-up at market rates (CoStar estimates ±$18/SF NNN industrial). With no zoning restrictions or regulatory limitations in this portion of Midland County, the site accommodates a wide range of commercial, industrial, and flex uses, enhancing both redevelopment and re-tenanting potential.
The Property is strategically located in Midland, Texas, within the core of the Permian Basin, one of the most active and productive energy regions in the United States. Positioned ±1-Mi south of Interstate 20 and ±4-Mi from Midland International Air & Space Port, the site benefits from direct access to one of West Texas’s primary east-west transportation corridors, supporting efficient connectivity to Odessa, Big Spring, and broader regional distribution networks. This location facilitates the seamless movement of goods, equipment, and personnel throughout the Midland-Odessa MSA and across key energy production zones. The surrounding area is characterized by a dense concentration of industrial users, oilfield service providers, logistics operators, and equipment yards, reinforcing the location’s suitability for industrial, flex, and outdoor storage uses. Midland’s economy is anchored by the Permian Basin’s oil and gas industry, supporting a wide range of upstream, midstream, and service-related operations. This concentration of energy activity continues to drive strong demand for industrial space, yard storage, and distribution facilities, positioning the area as one of the most active industrial markets in Texas. Supported by a business-friendly environment, proximity to major production fields, and continued infrastructure investment, Midland remains a highly attractive market for industrial users and investors. Within a 5-mile radius, the area is home to ±14,402 residents with an average household income (AHHI) of ±$118,874, providing a reliable local labor pool to support industrial, logistics, and service-based operations. With its visibility, accessibility, and location within one of the nation’s most dynamic energy markets, the Property is well-positioned to support a wide range of industrial, service, and distribution uses.
Property Facts
| Price | $238,089 CAD | Rentable Building Area | 9,304 SF |
| Price Per SF | $25.59 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2012 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.58/1,000 SF |
| Building Class | B | Clear Ceiling Height | 27’ |
| Lot Size | 5.28 AC | No. Drive In / Grade-Level Doors | 6 |
| Zoning | Outside City Limits | ||
| Price | $238,089 CAD |
| Price Per SF | $25.59 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.28 AC |
| Rentable Building Area | 9,304 SF |
| No. Stories | 1 |
| Year Built | 2012 |
| Tenancy | Single |
| Parking Ratio | 2.58/1,000 SF |
| Clear Ceiling Height | 27’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | Outside City Limits |
Utilities
- Gas - Propane
- Water - Well
- Sewer - Septic Field
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 9,304 SF
- Industrial
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 9,304 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 9,304 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 1
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | R000209-186 | Improvements Assessment | $1,241,506 CAD |
| Land Assessment | $216,666 CAD | Total Assessment | $1,458,172 CAD |
Property Taxes
Parcel Number
R000209-186
Land Assessment
$216,666 CAD
Improvements Assessment
$1,241,506 CAD
Total Assessment
$1,458,172 CAD
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$1 Auction-REIT SALE | 9K SF Industrial | 9215 W County Road 127
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