Flex Space with Crane-Ready
For Sale
Contact for pricing
10310 E County Rd 92, Midland, TX 79706
The property pairs finished office space with a high-clearance shop and 400 Amp 480V 3-Phase power.
Property Size7,500 SF
Lot Size3.18 Acres
Price / SF$193.20
Days on Market55
Property Features for 10310 E County Rd 92
General Information
Standard status
Active
Size
7,500 SF
Lot size
3.18 Acres
Property subtype
INDUSTRIAL
Warehouse & Industrial
Office Build-Out
2,200 SF
Power
400 amps
Voltage
480 V
Three-Phase Power
Yes
Additional Details
Utilities to Site
Yes
Amenities
Stunning Glass Entryway with Chandelier & Vaulted Ceilings
Premium Finishes
15-ton Crane
14'x16' Overhead Doors
400 Amp 480V 3-Phase Power
4'x8' Lighted Monument Signage with Cut-Stone Base
Listing Agency:
NRG Realty Group - Dallas/Fort Worth
(214) 432-7930
Listed By:
John W. B. McDaniel · License #405514
(214) 325-4851
Source:
Moodyscre
Added: Aug 20
Changed: Oct 4
Last Checked: Oct 12 at 5:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NRG Realty Group - Dallas/Fort Worth
Investment Insights
Based on property information with market context.
This flex property includes 7,500 SF on 3.18 acres, divided between 2,200 SF of office area and a 5,300 SF shop. The office portion features a dramatic glazed entrance, vaulted ceilings, 8' solid-core doors, and granite countertops. Shop capabilities include 24' eave height, readiness for a 15-ton crane, four 14'x16' overhead doors, and 400 Amp 480V 3-Phase power.
The property is located at 10310 E County Rd 92 in Midland, Texas, within Dunn Ranch, a master-planned industrial park. A 4'x8' lighted monument sign with a cut-stone base provides on-site identification. Potential additions include a 1,500 SF wash-bay, covered parking, and conversion of a 1,500 SF mezzanine into additional office or living space. Water service is available at up to 30 gallons per minute, and private roads are maintained through the development's private road maintenance agreement.
The property is located at 10310 E County Rd 92 in Midland, Texas, within Dunn Ranch, a master-planned industrial park. A 4'x8' lighted monument sign with a cut-stone base provides on-site identification. Potential additions include a 1,500 SF wash-bay, covered parking, and conversion of a 1,500 SF mezzanine into additional office or living space. Water service is available at up to 30 gallons per minute, and private roads are maintained through the development's private road maintenance agreement.
Key Highlights
- 7,500 SF flex property on 3.18 acres
- 2,200 SF office area and 5,300 SF shop
- 24' eave height with readiness for a 15‑ton crane
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,720
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,814,400
$1.8M
Cap Rate 7%
$1,296,000
$1.3M
Cap Rate 9%
$1,008,000
$1.0M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$144.0K $19.20/SF
− Vacancy
−$23.0K −$3.07/SF
EGI
$121.0K $16.13/SF
− OpEx
−$30.2K −$4.03/SF
NOI
$90.7K $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 Rate 5%
$1,814,400
Cap Rate 7%
$1,296,000
Cap Rate 9%
$1,008,000
Alternative Uses
Best Use
Office B
$1.30M
$1.13M – $1.51M
NOI $90,720 @ 7.0% cap · market cap 6.26%
Second Best
Industrial
$961.1K
$840.9K – $1.12M
NOI $67,275 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,840 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - The property pairs finished office space with a high-clearance shop and 400 Amp 480V 3-Phase power.
Where is this flex space located?
The property is located at 10310 E County Rd 92 Midland, TX.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: 7,500 SF flex property on 3.18 acres; 2,200 SF office area and 5,300 SF shop; 24' eave height with readiness for a 15‑ton crane
