Midland Industrial Asset on
1113 Dayton Rd Midland, TX 79706
COMMERCIAL - Midland, TX
Property size:
13,640 SFLot size:
3.51 AcresPrice / SF:
$195/SF- Added:
- Mar 27, 2026
- Days on Market:
- 106
- Last Refresh:
- Jul 10 at 4:06 pm
Property Features for 1113 Dayton Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 13,640 SF
- Lot size
- 3.51 Acres
Taxes and HOA fees
- Tax Description
- Acres: 0.859, BLK: 002, LOT: 030 N.220, ADDN: SOUTH 349 ACRES
- Tax Annual Amount
- 989
Building Details
- Year built
- 1997
Listing agent Amy Brasher Barnett License #TX 514276 (432) 352-6714
Listing office NRG Realty Group, LLC 6191 St Hwy 161 430, TX (432) 432-7976
Listing date Mar 27, 2026
MLS# 50093869
Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 13,640 square foot industrial asset is situated on 3.507 acres, located 0.25 miles west of TX-349, providing convenient access to I-20. The property includes a 1,640 square foot office area divided into two sections, featuring a reception area, multiple private offices, conference rooms, break areas, and restrooms. The rear office section includes an executive conference room with a custom bar. The shop area measures 12,000 square feet (120'x100') and is equipped with three 16' drive-in bays. The shop is divided into three sections to facilitate workflow.
Key Highlights
- 13,640 SF industrial asset on 3.507 acres with quick access to I‑20 and TX‑349.
- 12,000 SF shop featuring three 16' drive‑in bays, divided into three sections.
- 1,640 SF office space with reception area, multiple private offices, conference rooms, break areas, and restrooms.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $261.9k | $19.20 |
| − Vacancy | −$41.9k | −$3.07 |
| EGI | $220.0k | $16.13 |
| − OpEx | −$55.0k | −$4.03 |
| NOI | $165.0k | $12.10 |
13,640 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.36M
$2.06M – $2.75M
NOI $164,989 @ 7.0% cap · market cap 6.19%
Second Best
Warehouse
$2.12M
$1.86M – $2.48M
NOI $148,568 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$3.22M
$2.82M – $3.75M
NOI $225,224 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Eagle Rock Drilling ...
Construction Company
Manticore Fuels
Fuel Supplier
CORE Fueling
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 13,640 SF industrial asset on 3.5 acres near TX-349.
Where is this flex space located?
The property is located at 1113 Dayton Rd Midland, TX.
What is the asking price?
The asking price for this property is $2,667,000.
What are key features of this property?
This property features: 13,640 SF industrial asset on 3.507 acres with quick access to I‑20 and TX‑349.; 12,000 SF shop featuring three 16' drive‑in bays, divided into three sections.; 1,640 SF office space with reception area, multiple private offices, conference rooms, break areas, and restrooms.
