Address
3800 N Fm 1788 Highway N, Midland, TX
Price
$ 5,500,000
Property Attributes
  • MLS#20456479
  • TypeCommercial
  • CountyMIDLAND
  • CityMidland
  • Neighborhood40-T1S
  • Zip79707
  • StyleOffice
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage28126
  • Lot Size3 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

PRIME LOCATION ON FM 1788, 3 FENCED, IMPROVED ACRES ONLY 1.4 MILES NORTH OF HWY 191 IN MIDLAND, TX! IMPRESSIVE MAIN BLDG. WITH FLEXIBLE SPACES- SHOWROOMS, CLASSROOM, OFFICES, WORKSHOPS, YARD, STORAGE & DRIVE-THROUGH WASH BAY. 24,626 SF MULTI-BUILDING INDUSTRIAL,FLEX,OFFICE COMPLEX. 2,500 SF SHOP WITH PROPANE HEAT & 2 ROLL-UP DOORS. 1000 SF WAREHOUSE WITH 1 OVERHEAD DOOR & SKYLIGHTS, SEPARATE ELEC. HEATER. RECEPTION LOBBY AT ENTRANCE, OPEN TO ATRIUM WITH POND. ENTERTAINING FACILITY WITH FULL KITCHEN, SEPARATE LOUNGE & BREAK ROOM. LARGE SERVING & EATING BAR WITH INSTALLED AIR EXHAUST (CIGAR ROOM). 6 RESTROOMS (2 WITH SHOWERS). MAIN BLDG. HAS FIBER OPTICS & MAGNETIC LOCKS FOR ADDED SECURITY. ELEC. HVAC, WATER FILTRATION SYSTEM, PROTECTED PROPANE, INLINE WATER HEATER. 46 PAVED PARKING WITH 18 COVERED. DRIVE-THROUGH WASH BAY. SEPARATE BACKLOT 3,980 SF INDUSTRIAL WAREHOUSE.300 FT. FENCED FRONTAGE ON FM 1788. SITE DESCRIPTION UPLOADED, ALSO INCLUDING BUILDING SKETCHES, LEGAL DESCRIPTION.

Price History
11/1/2023 Listed $5,500,000

General Features

Heating Central,Propane,Zoned,Other
Cooling Central Air,Electric,Multi Units,Zoned,Other
Utilities Asphalt,Concrete,Curbs,Electricity Available,Electricity Connected,Outside City Limits,Overhead Utilities,Private Sewer,Private Water,Septic,Well
Ceiling Height 11 to 14 Feet,15 to 20 Feet
Possession Negotiable
Roof Metal,Other
Exclusions RESERVED ITEMS. PLEASE VERIFY PRIOR TO OFFER.
Year Built 2012
Tenant Pays None
Business Type Commercial,Professional Office,Retail,Storage,Warehouse,Other
Business Name CONTRAST,INC./GRYPHON
Building Use Industrial,Office/Warehouse,Retail,Storage Warehouse,Other
Owner Pays All Utilities
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Office
Subdivision Name 40-T1S
Accessibility Features Accessible Bath - Full
Zoning Description FLEX- COMMERCIAL OFFICE,WAREHOUSE,SHOWROOM
Occupant Type Owner
Occupant Name GRYPHON
County Midland
Operating Expense Includes Other
Property Type Commercial Sale
Security Features Burglar,Key Card Entry,Security Guard,Security Lights,Security System,Smoke Detector(s),Wireless
Construction Materials Brick,Concrete,Rock/Stone
Year Built Details Preowned
Special Notes Aerial Photo,Flood Plain,Highline,Meets ADA Guidelines,Verify Flood Insurance,Verify Tax Exemptions
Status Active
Directions FROM HWY 191,EXIT FM 1788. NORTH ON 1788 1.4 MILES. PROPERTY ON EAST SIDE OF HWY AT GRYPHON ENTRANCE.
City Midland
Buyer Agent Compensation 2.5
Street Name FM 1788
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20456479
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Ceramic Tile,Concrete
Total Stories 1
Total Units 3
SQFT Gross 28126
Lock Box Type See Remarks
Street Suffix Highway

Exterior Features

Lot Features Acreage,Cleared,Sloped
Freight Doors Grade Level
Lot Size Source Estimated
Parking Features Additional Parking,Asphalt,Attached Carport,Common,Covered,Drive Through,Electric Gate,Gated,Lighted,Parking Lot,Paved,Private,Secured,Unassigned,Unpaved
Lot Size 3 to < 5 Acres
Foundation Slab
Lot Size Area 3.0000
Lot Size Dimensions 435 FT X 300 FT
Lot Size Units Acres
Construction Materials Walls Other
Planned Development TECHNOLOGY PARK
Building Area Total 28126.00
Road Frontage Type FM Road
Lot Size Square Feet 130680.0000
Lot Size Acres 3.0000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 79707

Price
AVG $2.92M
$5.5M
Visits
AVG 54
91
Data Provided by Inside Real Estate®
Year Built
AVG 1998
2012
Walkscore
AVG 34
2
Data Provided by Walkscore® not using MLS data

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