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    Unrestricted Land with Office Doublewide

    10215 E Hwy 80 Midland, TX 79706

    New
    10215 E Hwy 80, Midland, TX, 79706
    $475,000
    For Sale
    Claim this Listing
    $475,000

    COMMERCIAL - Midland, TX

    Property Size1,600 SF
    Lot Size5.00 Acres
    Price / SF$296.88
    AddedJul 14
    Days on Market3
    Last RefreshJul 16 at 11:06 am

    Property Features for 10215 E Hwy 80

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    1,600 SF
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Description
    Legal: Acres: 5.000, N/2, SEC: 28, BLK: 37-T1S, LABEL: NTA1477062, MAKE: OAKCREEK, SERIAL: OC010919926A, MODEL: OAKCREEK, MODEL: 32X32, YR: 2009 Situs
    Tax Annual Amount
    193

    Building Details

    Year built
    2009

    Listing agent Amy Crownover License #TREC 0730372

    Listing office Legacy Real Estate 4400 N Big Spring St Ste. 101 Ste. E 101, Midland, TX

    Listing date Jul 14, 2026

    MLS# 50096747

    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 offering includes 5 acres of unrestricted land outside the ETJ between Midland and Stanton, with I-20 access road frontage. The property also features an existing 1,600 SF double wide that could be used for office space.

    Site utilities include two electric poles, a septic system, and a water well. The land is available for sale at 10215 E Hwy 80, Midland, TX 79706.

    The combination of acreage, road frontage, and a ready-to-use structure makes the property well suited for buyers looking for a straightforward setup with existing power and on-site water and septic service.

    Key Highlights

    • 5 acres of unrestricted land outside the ETJ between Midland and Stanton
    • I‑20 access road frontage
    • 2009‑built 1,600 sq ft double wide that could be used for offices

    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 $30.7k $19.20
    − Vacancy −$4.9k −$3.07
    EGI $25.8k $16.13
    − OpEx −$6.5k −$4.03
    NOI $19.4k $12.10
    1,600 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $276.5K
    $241.9K – $322.6K (±1% cap)
    NOI $19,354 @ 7.0% cap · market cap 4.07%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $377.4K
    $330.2K – $440.3K (±1% cap)
    NOI $26,419 @ 7.0% cap · market cap 5.56%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Parts Store Plumbing Service Building Supply Auto Repair Shop Wine and Liquor Store Restaurant Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Commercial land - 5 acres of unrestricted land with I-20 access road frontage and an existing 1,600 SF double wide suitable for offices.
    Where is this commercial land located?
    The property is located at 10215 E Hwy 80 Midland, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 5 acres of unrestricted land outside the ETJ between Midland and Stanton; I‑20 access road frontage; 2009‑built 1,600 sq ft double wide that could be used for offices
    Contact an agent
    (432) 559-5168
    We can help!
    Contact an agent
    Amy Crownover
    Real Estate License ID: TREC 0730372
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