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Industrial Property with Office Setup

1113 Dayton Rd Midland, TX 79706

Claim this Listing
For Sale
$2,667,000

Warehouse shop includes drive-in bays and a separated office for client-facing and operational needs.

Property size:
13,640 SF
Lot size:
3.51 Acres
Price / SF:
$195/SF
Added:
Mar 27, 2026
Days on Market:
106
Last Refresh:
Jun 27 at 3:51 am

Property Features for 1113 Dayton Rd

General Information

Standard status
Active
Size
13,640 SF
Lot size
3.51 Acres

Listing office NRG Realty Group, LLC

Listing date Mar 27, 2026

Source Exprealty

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, LLC


Investment Insights

Based on property information with market context.

This for-sale industrial property includes a total of 13,640 SF of improvements on 3.507 acres, with a 12,000 SF shop plus a 1,640 SF office. The office is split into two sections and includes a reception area, multiple private offices, conference rooms, break areas, and restrooms. The rear office features an executive conference room with a custom bar, which can support client-facing meetings and internal executive functions.

The shop portion is configured as a 120’ by 100’ space divided into three sections to support efficient workflow. It includes three 16’ drive-in bays for loading and receiving. The property is located 0.25 miles west of TX-349, with quick access to I-20.

The layout is practical for tenants or owner-operators who need both warehouse production and dedicated office space. With multiple private offices, conference rooms, and on-site break and restroom facilities, the building can accommodate teams that require day-to-day administrative support alongside shop operations. The drive-in bays and segmented shop configuration are also well-suited for handling multiple workstreams within one facility.

Key Highlights

  • 13,640 SF industrial property on 3.507 acres with quick access to I‑20, about 0.25 miles west of TX‑349
  • 12,000 SF shop (120' x 100') with three 16' drive‑in bays and three internal shop sections for workflow
  • 1,640 SF office split into two sections with reception, multiple private offices, conference rooms, break areas, and restrooms

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 $261.9k $19.20
− Vacancy −$41.9k −$3.07
EGI $220.0k $16.13
− OpEx −$55.0k −$4.03
NOI $165.0k $12.10
13,640 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.36M
$2.06M – $2.75M (±1% cap)
NOI $164,989 @ 7.0% cap · market cap 6.19%
Second Best
Warehouse
$2.12M
$1.86M – $2.48M (±1% cap)
NOI $148,568 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$3.22M
$2.82M – $3.75M (±1% cap)
NOI $225,224 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Eagle Rock Drilling ... Construction Company Manticore Fuels Fuel Supplier CORE Fueling (Bike/Boat/Book/etc) Store

Suggested Use

Dental Office Hair Salon Parking Lot & Garage HVAC Service Gym & Fitness Center Pharmacy Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Skin Care Clinic Computer & Electronic Repair

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

FAQs

What type of property is this?
Flex space - Warehouse shop includes drive-in bays and a separated office for client-facing and operational needs.
Where is this flex space located?
The property is located at 1113 Dayton Rd Midland, TX.
What is the asking price?
The asking price for this property is $2,667,000.
What are key features of this property?
This property features: 13,640 SF industrial property on 3.507 acres with quick access to I‑20, about 0.25 miles west of TX‑349; 12,000 SF shop (120' x 100') with three 16' drive‑in bays and three internal shop sections for workflow; 1,640 SF office split into two sections with reception, multiple private offices, conference rooms, break areas, and restrooms
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