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Midland, TX

11902 West County Road 58

Address:
11902 West County Road 58, Midland, TX 79707
Property Type:
Vacant
Price:
$1,250,000
Cap Rate:
10.88% pro forma cap
Square Feet:
8,302 sqft
Lot Size:
2.00 Acres
Price Per Square Foot:
$150.57
Year Built:
2018
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* By downloading the Marketing Package (Offering Memorandum) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

Investment Highlights

Investment Highlights

Investment Highlights

  • Vacant 8,302-Square-Foot Industrial Asset Situated on 2.00 Acres
  • Delivered in 2018, Featuring Metal Construction, Five Overhead Doors, 25-Foot Clear Height, & One Phase 240V Power
  • Close Proximity to Major Thoroughfares: 1788, Highways 349 & 191, and I-20
  • Ideal for Variety of Owner Uses or Lease-Up Investment Opportunity
  • No Industrial Properties Available for Lease within One-Mile Radius at Time of Listing
  • Limited New Supply in Midland Market, Only 45,100 Square Feet of Industrial Space Under Construction During Q1 2026 – 0.2% of Inventory

Investment Overview

The property is a vacant 8,302-square-foot industrial asset situated on 2.00 acres of land. It was delivered in 2018 and features metal construction, five overhead doors, a 25-foot clear height, and one-phase power with 240 volts. The property’s modern construction and design make it an attractive option for a variety of owner uses or lease-up investment opportunities. Its proximity to major thoroughfares, including Ranch Road 1788, State Highways 349 and 191, and Interstate 20, provides easy access to transportation routes. The property’s location is also beneficial for businesses that require convenient shipping and receiving.

The property’s location in Midland offers a competitive advantage due to the limited availability of industrial properties in the area. At the time of listing, there were no industrial properties available for lease within a one-mile radius. This scarcity of industrial space makes the property an attractive option for businesses looking for a functional and efficient space. The Midland market has limited new supply, with only 45,100 square feet of industrial space under construction during Q1 2026, which accounts for 0.2% of the total inventory (CoStar). This limited supply contributes to the property’s potential for long-term value appreciation.

BROKER OF RECORD
TIM SPECK
Texas Broker of Record
5001 Spring Valley Road, Suite 1100W
Dallas TX
Tel: (972) 755-5200
Tim.Speck@MarcusMillichap.com
License: 9002994
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services of Nevada, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAG0060714)