5914 FM 715, Midland, TX 79706
SINGLE_FAMILY - Midland, TX
- Added:
- Jun 14, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 15 at 7:06 am
Property Features for 5914 FM 715
General Information
- Property type
- Residential
- Property subtype
- Office
- Fencing
- Fenced, Chain Link
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- R00020648
- Size
- 5,580 SF
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6905
Utilities
- Water source
- Well
Building Details
- Year built
- 2012
- Building materials
- Metal Construction
- Roof type
- Metal
Listing agent Jessica Carreon (432) 312-4567
Listing office The Sales Team Realtors 507 Tradewinds Blvd #200, Midland, TX (432) 618-1818
Listing date Jun 14, 2026
Copyright © 2026 Odessa 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.
HighLights
- Metal construction with a metal roof
- Built in 2012
- Water source from a well
- Accessible approach with ramp
- Fenced with chain‑link fencing
Overview
Located at 5914 FM 715 in Midland, Texas 79706 (Midland County), the property sits on a road identified in the address as FM 715. The information provided does not break out additional improvements, unit mix, or interior layout, but the site size may support a variety of light commercial office uses depending on tenant requirements and permitting.
This offering may suit tenants or buyers looking for a dedicated office building with room associated with a larger land parcel, rather than a strictly small lot redevelopment. Because the listing details do not specify current tenant status, interior condition, or utility/service specifics, prospective buyers and tenants should conduct their own due diligence on building systems and functionality for their intended office use.
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 | $107.1k | $19.20 |
| − Vacancy | −$17.1k | −$3.07 |
| EGI | $90.0k | $16.13 |
| − OpEx | −$22.5k | −$4.03 |
| NOI | $67.5k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.026234
- Latitude
- 31.931707
