Midland, TX 79706 5108 FM 307
$999,000
16 more
Presented By: The Real Estate Ranch LLC
SQFT • 8,840
Home Details
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.
Presented By: The Real Estate Ranch LLC
Interior Features for 5108 FM 307
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NYes
Heating Y/NYes
Interior AmenitiesCeiling Height: Less than 20 ft
General for 5108 FM 307
Building Area UnitsSquare Feet
Cap Rate10
CityMidland
Construction MaterialsOther
CoolingOther-See Remarks
CountyMidland
DirectionsLocated directly off FM 307, GPS friendly.
FreeholdBBO, IDX
HeatingOther-See Remarks
Lease TypeModified Gross Leases
Legal Description2.93 acres out of , NW/4NW/4, SEC: 3, BLK: 38-T2S
LevelsOther-See Remarks
Living Area UnitsSquare Feet
Lot Size Square Feet127630.8
Lot Size UnitsAcres
MLS AreaMG4
Occupancy TypeOccupied
Parcel NumberR000212437
Property SubtypeCommercial
Property TypeCommercial Sale
RoofOther
SewerSeptic Tank
Showing InstructionsCall Listing Office
Standard StatusActive
StatusActive
Subdivision Name38-T2S
Tax Annual Amount0
UtilitiesElectricity Connected
Exterior for 5108 FM 307
Building Area Total8840
FencingPipe
Lot Size Acres2.93
Lot Size Area2.93
Road Frontage TypeCounty Road
Road Surface TypePaved
Water SourcePrivate, Well, With Pump
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Vanessa Thomas
Texas Licensed Real Estate Agent