New Construction Retail and
For Sale
$1,400,000
5801 E Loop 250, Midland, TX 79706
SINGLE_FAMILY - Midland, TX
Property Size5,500 SF
Lot Size3.32 Acres
Price / SF$254.55
Days on Market121
Property Features for 5801 E Loop 250
General Information
Property type
Residential
Property subtype
Retail
Property condition
Under Construction
Subdivision
38-T1S
Standard status
Active
Size
5,500 SF
Lot size
3.32 Acres
Taxes and HOA fees
Tax Description
ACRES: 3.320, SE/4, SEC:34, BLK:38-T1S
Tax Annual Amount
423
Legal Description
ACRES: 3.320, SE/4, SEC:34, BLK:38-T1S
Building Details
Year built
2025
Listing Agency:
Black Orchid Real Estate
(432) 813-3538
Listed By:
Leo Salcido · License #0603525
(432) 557-4487
Added: Apr 26
Last Checked: Aug 24 at 8:06AM
MLS# 50094626
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 new construction property, built in 2025, features a 3,500-square-foot shop with an 18-foot height, 110-foot width, three bay doors, and a bathroom with two stalls and washer and dryer connections. The office space offers 2,000 square feet, including four offices, a conference room, a kitchenette, two bathrooms, and an equipment storage room. The property includes a water well producing 33 gallons per minute and a fenced yard. The property is located in Midland, Texas, and has a lot size of 3.32 acres.
Key Highlights
- New construction built in 2025
- Shop with 3,500 sq ft, 18 ft height, and 3 bay doors
- Office space with 2,000 sq ft, 4 offices, and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$66,528
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,330,560
$1.3M
Cap Rate 7%
$950,400
$950.4K
Cap Rate 9%
$739,200
$739.2K
Market Conditions
NOI Build-Up for 5,500 SF
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.
Gross rent
$105.6K $19.20/SF
− Vacancy
−$16.9K −$3.07/SF
EGI
$88.7K $16.13/SF
− OpEx
−$22.2K −$4.03/SF
NOI
$66.5K $12.10/SF
Area
Midland, TX
Vacancy
16.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,330,560
Cap Rate 7%
$950,400
Cap Rate 9%
$739,200
Alternative Uses
Best Use
Office B
$950.4K
$831.6K – $1.11M
NOI $66,528 @ 7.0% cap · market cap 4.75%
Second Best
Retail
$767.3K
$671.4K – $895.1K
NOI $53,708 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$1.30M
$1.14M – $1.51M
NOI $90,816 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
Demographics for 79706, TX
31,805
Population
12,368
Households
2.6
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
689.5 sq mi
ZIP Area
46
Density / Sq Mi
$110,988
Median Household Income
$58,023
Median Earnings
$897
Median Rent
$280,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New construction retail and office space in Midland, Texas.
Where is this retail space located?
The property is located at 5801 E Loop 250 Midland, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: New construction built in 2025; Shop with **3,500 sq ft**, **18 ft height**, and **3 bay doors**; Office space with **2,000 sq ft**, 4 offices, and conference room
