Faulkner

Industrial for Sale
Catylist Listing ID: 30327116
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Research & Development, Warehouse/Distribution
Building Size (RSF): 18,301 SF
Gross Land Area: 2.01 Acres
Sale Price: $698,000
Unit Price: $38.14 PSF
Ceiling: 17 ft.
Docks/Doors: 6 Doors
Office SF: 5,200 SF
Drive In Bays: 6 Bays
Property Use Type: Vacant/Owner-User
Building Name: Faulkner
Usable Size (USF): 18,301 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/10/2018

Overview / Comments

This facility is presently occupied as a general contractors office, storage and fabrication. With the heavy power It has the full capability of facilitating most all types of fabrication let alone warehousing, distribution and expansion. Located in the center of the Dow complex offers the ability to not only service Dow but any of its ancillary or support operations. Must see!

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Additional Details

Nearest MSA: Midland
County: Midland
Taxing Authority: City of Midland
Tax ID/APN: 142280370
Zoning: INDUSTRIAL
Property Located Between: M-20 and the Dow complex
Highway Access: M-20 to US 10 and I-75
Airports: MBS
Site Description: Partially improved with an 18301 square foot fenced in secure facility with room to expand.
Area Description: Industrial and office complexes.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 18,301 SF
Property Condition: Good
Year Built: 1958
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block with brick front
Parking Ratio: 1 (per 1000 SF)
Parking Type: Structure
Parking Description: Asphalt and gravel
Total Parking Spaces: 50
Eave Height: 17
Column Spacing: clear
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 1,000
Volts: 480
X-Phase: Three
Heat Type: Natural Gas
Heat Source: Central, Ceiling Units, Radiant
Air Conditioning: Package Unit
Lighting: Fluorescent, Other
Internet Access: Cable, DSL, ISDN, Satellite, T1/T3
Interior Description: Remodeled Office, two kitchens, multiple offices
Zoning Description: Industrial
Lot Frontage: 253
Lot Depth: 345
Water Service: Municipal
Sewer Type: Municipal, Storm
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: See Broker.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,508 38,220 51,258
Median Age: 38.8 38.92 38.84
Households: 3,264 15,810 20,959
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