1501 N Fairgrounds Rd Midland, TX ^$ 5,700,000

1501 N Fairgrounds Rd

^$ 5,700,000

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1501 N Fairgrounds Rd

Midland, TX, 79706

^$ 5,700,000

Studio Baths0.0 Sq 20,894

Monthly Estimate*

^$ 39,816

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Studio

Commercial Property for sale in Midland, TX

for $5,700,000. This 20,894 square foot building was built in 1978 on a lot size of 3.83.

PRIME PROPERTY in the city with easy access to Business 80, I-20, and Loop 250. Impeccable office with executive suite and floor plan that can be sectioned into different departments, warehouse, dispatch, loading, and Tote Facility with over 20,000 sf on a securely fenced 3.83 (highly visible) acre lot on Fairgrounds Rd. See photos for detailed floor plan. Excellent property for a chemical company, private school, corporate headquarters, tech, government, small product storage/distribution.

Commercial Active

Price

^$ 5,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Office Building

Lot Size

3.83

Year Built

1978

Town/City

Midland

County/Region

Midland

MLS | Web ID

50069801

Features

General

Road Frontage City Street

Heating Central Gas Zoned

Cooling Electric Zoned

Ceiling Height Less than 20 ft

Roof Metal

Parking Paved Parking

Year Built 1978

Subdivision East Midland

Stories One

Exterior

Road Surface Paved

* Excluded Features

List By

Lmb Group, Ltd

Broker

(432) 352-6714

Phone

Affordability Calculator

$39,816

Per Month

Monthly Principal & Interest: $39,816
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Midland, TX

Average List Price ^$2,034,992

Percent of Sale Price 64%

About Midland, TX

132,228 Population

36% Since 2002

^$73,751 Median Income

34.79 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1795957 Elementary School

1795677 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/11/2024	$5,700,000		Listed Price

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1501 N Fairgrounds Rd, Midland, TX, 79706 is a Commercial Property for sale at $5,700,000 with 20,894 sqft and a lot size of 3.83. 1501 N Fairgrounds Rd is a studio with 0.0 baths and was built in 1978. The property's zip code is 79706 which is in Midland, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Permian Basin Board of Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Permian Basin Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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1501 N Fairgrounds Rd

Commercial Property for sale in Midland, TX

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