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Industrial Facility with Roll-Up Doors

3611 Hwy 158 Midland, TX 79705

3611 Hwy 158, Midland, TX, 79705
$1,900,000
For Sale
Claim this Listing
$1,900,000

COMMERCIAL - Midland, TX

Property Size16,273 SF
Lot Size3.00 Acres
Price / SF$116.76
AddedJun 8
Days on Market38
Last RefreshJul 15 at 1:06 am

Property Features for 3611 Hwy 158

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
16,273 SF
Lot size
3.00 Acres

Taxes and HOA fees

Tax Description
Legal: Acres: 3.000, NE/4, SEC: 7, BLK: 38-T2S
Tax Annual Amount
7555

Building Details

Year built
2003

Listing agent Morgan Luce

Listing office The Real Estate Ranch LLC 6 Desta Drive Suite 1260, Midland, TX

Listing date Jun 8, 2026

MLS# 50095795

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.

The property is an approximately 16,000-square-foot industrial facility on a 3-acre lot, with a main shop and additional buildings. The office portion includes seven offices plus a reception area, two conference rooms, and a break room, along with storage and three restrooms. In the main shop, there are two 12' roll-up doors, air lines, gas heat, abundant 110V power, and a 30-amp service.

Additional improvements include office and storage space, a 14' motorized roll-up door, upper-level storage, and a 1-ton crane beam. There is also a separate shop with a 2.5-ton overhead crane. The site includes a private water well with a 1,500-gallon storage tank and is described as offering excellent access for industrial, oilfield, or fabrication users.

For tenants and buyers seeking an industrial setup with built-in workplace space and material-handling capability, the combination of roll-up access, office infrastructure, and crane support can support a range of fabrication or related uses. The presence of multiple shops and varied door sizes can help accommodate different workflows while keeping administrative space on site. Showings are available by calling the listing agent.

Key Highlights

  • Approx. 16,000 SF industrial facility built in 2003 on Hwy 158 in Midland
  • Main shop features (2) 12' roll‑up doors, air lines, gas heat, abundant 110V power, and 30‑amp service
  • Office amenities include 7 offices, reception area, 2 conference rooms, break room, and 3 restrooms

Local Financial Insights For Industrial

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 $220.7k $13.56
− Vacancy −$12.1k −$0.75
EGI $208.5k $12.81
− OpEx −$62.6k −$3.84
NOI $146.0k $8.97
16,273 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$2.53M
$2.22M – $2.95M (±1% cap)
NOI $177,247 @ 7.0% cap · market cap 9.33%
Second Best
Industrial
$2.09M
$1.82M – $2.43M (±1% cap)
NOI $145,968 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$3.84M
$3.36M – $4.48M (±1% cap)
NOI $268,700 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Grocery & Convenience Store Big Box & Wholesale Store Plumbing Service Auto Repair Shop Storage Facility Food Market Grocery & Convenience Store Building Supply Clothing & Fashion Store Department Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Manufacturing property - Industrial facility with multiple roll-up doors, offices, and crane capacity for fabrication and oilfield-related operations.
Where is this manufacturing property located?
The property is located at 3611 Hwy 158 Midland, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Approx. 16,000 SF industrial facility built in 2003 on Hwy 158 in Midland; Main shop features (2) 12' roll‑up doors, air lines, gas heat, abundant 110V power, and 30‑amp service; Office amenities include 7 offices, reception area, 2 conference rooms, break room, and 3 restrooms
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More about this property
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