Midland Commercial Property on
8316 W I-20 Midland, TX 79706
8316 W I-20, Midland, TX, 79706
$1,050,000
For Sale
$1,050,000
COMMERCIAL - Midland, TX
Property Size4,400 SF
Lot Size2.15 Acres
Price / SF$238.64
Days on Market183
Property Features for 8316 W I-20
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 4,400 SF
- Lot size
- 2.15 Acres
Taxes and HOA fees
- Tax Description
- 8316 I-HWY 20 W MIDLAND TX 79706 LEGAL: ACRES: 2.147, NE/4, SEC: 16, BLK :40-T-2-S
- Tax Annual Amount
- 5100
Building Details
- Year built
- 2005
Listing agency
New Heights Real Estate
(210) 824-1476
Listed by
Cassandra Pearce · License #TREC 0588281
(432) 703-2545
Added: Jan 20 Updated: May 13 at 7:00PM Checked: Jul 22 at 6:06AM
MLS# 50090257
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 commercial property in Midland, TX, features two buildings with frontage on I-20. Situated on a 2.147-acre lot, the property includes two 2,400 sq ft buildings, totaling 4,400 sq ft of versatile office, shop, and work storage space. The property has high visibility and direct access on IH-20 W. It also features covered parking and a 704 sq ft carport. Power and utilities include three-phase 480V and single-phase power, air hose connections with a compressor, private water wells, and on-site septic. Each building has one bay door. A new HVAC system was installed approximately 6 months ago. The property also includes offices, a conference room, and is fenced.
Key Highlights
- I HWY 20 Frontage with high visibility and direct access
- Two buildings totaling 4,400 sq. ft. of versatile office, shop, and storage space
- Situated on a 2.14 ac. lot
Local 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 | $59.7k | $13.56 |
| − Vacancy | −$3.3k | −$0.75 |
| EGI | $56.4k | $12.81 |
| − OpEx | −$8.5k | −$1.92 |
| NOI | $47.9k | $10.89 |
4,400 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$684.6K
$599.1K – $798.8K
NOI $47,925 @ 7.0% cap · market cap 4.56%
Second Best
Industrial
$563.8K
$493.4K – $657.8K
NOI $39,468 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$1.04M
$908.2K – $1.21M
NOI $72,653 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two buildings with I-20 frontage, versatile office and storage space.
Where is this flex space located?
The property is located at 8316 W I-20 Midland, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: I HWY 20 Frontage with **high visibility and direct access**; Two buildings totaling 4,400 sq. ft. of versatile office, shop, and storage space; Situated on a 2.14 ac. lot
