1005 N Midkiff Rd, Midland, TX 79701
Versatile showroom with offices, restrooms, and covered patio in a high-traffic Midland corridor.
- Added:
- May 7, 2026
- Days on Market:
- 36
- Last Refresh:
- Jun 11 at 3:57 am
Property Features for 1005 N Midkiff Rd
General Information
- Standard status
- Active
- Size
- 2,000 SF
Listing agent Holly Bishop (432) 559-7937
Listing office Heritage Real Estate (432) 559-7937
Listing date May 7, 2026
Source Exprealty
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HighLights
- Approximately 2,000 SF retail/showroom space with flexible layout
- Open showroom/retail area plus 2 offices
- Includes 2 restrooms
- Central heating and air conditioning
- Covered back patio
- Zoned LR‑1 and located on a busy Midland corridor between W Cuthbert Ave and Hwy 191
Overview
Located on a busy corridor in Midland between W Cuthbert Ave and Hwy 191, the site benefits from strong visibility, with easy access that supports a range of street-facing uses. Zoning is listed as LR-1.
The layout is well suited for an owner-user or business seeking a combination of public-facing sales space and private office areas. The existing mix of open and enclosed rooms also fits retail, office, fitness, or service-based concepts, while the covered patio provides a practical extension of the facility for customer or staff use. As a storefront property with HVAC, restrooms, and defined offices, it presents a straightforward option for businesses looking for an immediately usable commercial interior under LR-1 zoning.
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 | $38.4k | $19.20 |
| − Vacancy | −$6.1k | −$3.07 |
| EGI | $32.3k | $16.13 |
| − OpEx | −$8.1k | −$4.03 |
| NOI | $24.2k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.1186476
- Latitude
- 31.9990537
