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5108 FM 307 Midland, TX $ 1,044,000
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$ 1,044,000 Get more info
5108 FM 307
$ 1,044,000
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Share Save

5108 FM 307

Midland, TX, 79706
$ 1,044,000
Bedrooms-- Baths-- Sq 8,840
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Property for Rent in Midland, TX

for $1,044,000. This 8,840 square foot property was built on a lot size of 2.93.

Fantastic Opportunity to Build your Rental Income Or Add to Existing Portfolio in Greenwood ISD on 2.93 Acres w/ 195' of Frontage to FM 307 (4) Leased Units (3) w/ New 2 years. Rocks Throw to I-20, Close to Business Parks, & Greenwood ISD. Could be a possible value add by adding a few RV Spots. Work has been Done for you Wealth Starts Accruing Day 1.

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Rental Active

Price

$ 1,044,000

Taxes

$ 0

Style

Commercial

Lot Size

2.93

Town/City

Midland

County/Region

Midland

MLS | Web ID

50082714
Features
Interior
Interior Amenities Ceiling Height: Less than 20 ft
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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General
Sewer Septic Tank
Heating Other-See Remarks
Cooling Other-See Remarks
Utilities Electricity Connected
Roof Other
Construction Materials Other
Levels Other-See Remarks
Property Subtype Commercial
Parcel Number R000212437
County Midland
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name 38-T2S
Garage Y/N N
Status Active
Directions Located directly off FM 307 GPS friendly.
City Midland
MLS Area MG4
Lot Size Units Acres
Lot Size Square Feet 127630.8
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 0
Showing Instructions Call Listing Office
Rent Control Y/N N
Building Area Units Square Feet
Lease Type Modified Gross Leases
Living Area Units Square Feet
Standard Status Active
Occupancy Type Occupied
Cap Rate 10
Legal Description 2.93 acres out of NW/4NW/4 SEC: 3 BLK: 38-T2S
Freehold BBO IDX
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Exterior
Fencing Pipe
Water Source Private Well With Pump
Lot Size Area 2.93
Spa N
Building Area Total 8840
Lot Size Acres 2.93
Road Surface Type Paved
Road Frontage Type County Road
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
The Real Estate Ranch Llc

Broker

(512) 970-1610

Phone

Nearby
1795957 Elementary School
1795677 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/6/2025$1,044,000 Listed Price

Map

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5108 FM 307, Midland, TX, 79706 is a Property for Rent at $1,044,000 with 8,840 sqft and a lot size of 2.93. The property's zip code is 79706 which is in Midland, TX

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