Metal Building with Office and
4909 E County Rd 60 Midland, TX 79705
For Sale
$375,000
LAND - Midland, TX
Property Size1,600 SF
Lot Size2.50 Acres
Price / SF$234.38
Days on Market12
Property Features for 4909 E County Rd 60
General Information
- Property type
- Land
- Property subtype
- Other
- Fencing
- Barbed Wire
- Standard status
- Active
- Lot size
- 2.50 Acres
Taxes and HOA fees
- Tax Description
- Legal: Acres: 2.500, 2.50 AC OUT OF SE/4SE/4, SEC: 21, BLK: 38-T1S
- Tax Annual Amount
- 1200
Utilities
- Water source
- Well
Listing Agency:
Heritage Real Estate
(432) 701-0550
Listed By:
Rebecca Dominguez · License #0836002
(432) 269-4142
Added: Jul 13
Changed: Jul 20
Last Checked: Jul 24 at 7:06AM
MLS# 50096712
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 versatile 2.5-acre property includes a 1,600 sq. ft. metal building constructed in 2018. The building has an office and bathroom, supported by onsite septic service, and a drilled water well is in place. Electrical service readiness is noted for the site.
Located at 4909 E County Rd 60 in Midland, TX 79705, the property offers flexible space for a range of commercial and non-commercial uses, depending on how the building and land are configured.
With the existing metal structure and basic utilities already addressed, the site can support business operations that benefit from a metal building with office amenities, while also allowing room for future build-out or development within the 2.5-acre footprint.
Located at 4909 E County Rd 60 in Midland, TX 79705, the property offers flexible space for a range of commercial and non-commercial uses, depending on how the building and land are configured.
With the existing metal structure and basic utilities already addressed, the site can support business operations that benefit from a metal building with office amenities, while also allowing room for future build-out or development within the 2.5-acre footprint.
Key Highlights
- 2.5‑acre property with a 1,600 sq. ft. metal building constructed in 2018
- Building includes an office and bathroom for multiple use types (commercial, residential, workshop, or investment)
- Equipped with a septic system
Financial Insights For Warehouse
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 | $21.7k | $13.56 |
| − Vacancy | −$1.2k | −$0.75 |
| EGI | $20.5k | $12.81 |
| − OpEx | −$3.1k | −$1.92 |
| NOI | $17.4k | $10.89 |
1,600 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$249.0K
$217.8K – $290.5K
NOI $17,427 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.4K
$330.2K – $440.3K
NOI $26,419 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar Off Market Nearby
- Loop 250 Boat & RV Storage — 4715 E Loop 250 N, Midland, TX 79705
FAQs
What type of property is this?
Warehouse - Versatile 2.5-acre site with a 2018 metal building, office and bathroom, septic, drilled well, and ready for electrical service.
Where is this warehouse located?
The property is located at 4909 E County Rd 60 Midland, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2.5‑acre property with a 1,600 sq. ft. metal building constructed in 2018; Building includes an office and bathroom for multiple use types (commercial, residential, workshop, or investment); Equipped with a septic system
