Turnkey Office/Shop in Midland, TX

3717 S County Rd 1232, Midland, TX

View on Map

For Sale

Contact for pricing

New 11,600 SF office/shop with yard on South Loop 250.

Type:INDUSTRIAL

Property size:

11,600 SF

Lot size:

1.50 Acres

Price / SF:

$206/SF

HighLights

Prime location on South Loop 250 (Antelope Trail), one of the first buildings south of I‑20.
Turnkey office/shop, brand new and ready for immediate occupancy.
Features 11,600 sqft with potential for further expansion on a 2‑4 acre yard.
Functional design with 2 pull‑thru bays, four cross‑docked grade‑level roll‑up doors, 12 offices, conference room, kitchen/break room, and multiple storage rooms.
Gated yard with electric gate for controlled access and security.
Includes ADA bathrooms, shop bathroom with shower, mop sink, covered entrance, and covered windows.

We can help!

Listing Contact

Thomas Johnston

Learn more

For Sale

Contact for pricing

New 11,600 SF office/shop with yard on South Loop 250.

Type:INDUSTRIAL

Property size:

11,600 SF

Lot size:

1.50 Acres

Price / SF:

$206/SF

Added:: Apr 28, 2025
Days on Market:: 409
Last Refresh:: May 20 at 9:42 pm

Property Features for 3717 S County Rd 1232

General Information

Standard status: Active
Size: 11,600 SF
Lot size: 1.50 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Thomas Johnston

Listing agent Thomas Johnston License #542176

Listing office The Real Estate Ranch

Listing date Apr 28, 2025

Source Moodyscre

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 The Real Estate Ranch

HighLights

Prime location on South Loop 250 (Antelope Trail), one of the first buildings south of I‑20.
Turnkey office/shop, brand new and ready for immediate occupancy.
Features 11,600 sqft with potential for further expansion on a 2‑4 acre yard.
Functional design with 2 pull‑thru bays, four cross‑docked grade‑level roll‑up doors, 12 offices, conference room, kitchen/break room, and multiple storage rooms.
Gated yard with electric gate for controlled access and security.
Includes ADA bathrooms, shop bathroom with shower, mop sink, covered entrance, and covered windows.

Overview

This turnkey office and shop space is located in the Permian Basin, offering a prime location on South Loop 250, also known as Antelope Trail. Situated just south of I-20 and barely outside city limits in a 100% county location, this property features an expandable 11,600 square feet of space. The building includes two pull-through bays and four cross-docked grade-level roll-up doors. The gated 2-4 acre yard, accessible via an electric gate, provides ease of access from Antelope Trail. The property features a covered entrance and covered windows. Inside, there are 12 offices, a kitchen/break room, a conference room, a mop sink, ADA-compliant bathrooms, a shop bathroom with a shower, and multiple storage rooms. This property is intended for use as office and shop space.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$222.7k	$19.20
− Vacancy	−$35.6k	−$3.07
EGI	$187.1k	$16.13
− OpEx	−$46.8k	−$4.03
NOI	$140.3k	$12.10

11,600 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.00M

$1.75M – $2.34M (±1% cap)

NOI $140,314 @ 7.0% cap · market cap 5.85%

Second Best

Warehouse

$1.80M

$1.58M – $2.11M (±1% cap)

NOI $126,348 @ 7.0% cap · market cap 5.26%

Theoretical Best

Office A

$2.74M

$2.39M – $3.19M (±1% cap)

NOI $191,539 @ 7.0% cap · market cap 7.98%

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

Location Intelligence

Current Use by Public Records

Flex space

Similar Places Nearby

Carter & Burgess Inc — 505 N Big Spring St, Midland, TX 79701

Map

City: Midland
County: Midland
State: Texas
Longitude: -102.081
Latitude: 31.9917

Nearby Similar for Sale

$871,500

5,000 SF

Highly Visible Midland Office Building

Former state office with high visibility and traffic.

3900 E Hwy 158, Midland, TX 79706

View Details
$2,200,000

22,000 SF

Spacious Midland Flex/Industrial Property

22,000 SF flex/industrial building on 5 acres in Midland.

11610 W County Rd 40, Midland, TX 79707

View Details
$2,150,000

14,600 SF

Midland Commercial Property on 2.85 Acres

2.85 acres with frontage on Wall St. and BankHead Highway.

3915 W Wall St, Midland, TX 79701

View Details
$799,900

1,830 SF

Midland Commercial Property on Corner

Commercial property on high-traffic corner lot in Midland, Texas.

2800 W Wall St, Midland, TX 79701

View Details
$3,200,000

28,921 SF

Multi-Building Industrial Flex Complex

Multi-building industrial complex with office support, cranes, and multiple roll-up doors on Highway 158.

3611 E Hwy 158, Midland, TX 79705

View Details
$2,667,000

13,640 SF

Midland Industrial Asset on Acreage

13,640 SF industrial asset on 3.5 acres near TX-349.

1113 Dayton Rd, Midland, TX 79706

View Details
$2,500,000

5,112 SF

Iconic Building in High-Traffic Area

Landmark building on heavily trafficked corridor with strong visibility.

3327 W Wadley Ave, Midland, TX 79707

View Details
$1,270,000

660 SF

Retail Site in Growing Corridor

2-acre site with 660 SF building in Midland, TX.

6213 FM 307, Midland, TX 79706

View Details
$1,400,000

5,500 SF

New Construction Retail and Office

New construction retail and office space in Midland, Texas.

5801 E Loop 250, Midland, TX 79706

View Details
$1,149,000

5,000 SF

Premium Office and Warehouse Space

High-quality 5000 sqft office and warehouse with recent construction.

3010 S County Rd 1250, Midland, TX 79706

View Details
$1,450,000

4,070 SF

Freestanding Retail Building on Wadley

4,070 SF retail building on 0.848 acres in Midland.

4218 W Wadley Ave, Midland, TX 79707

View Details
$675,000

4,656 SF

Versatile Building Near Downtown Midland

Adaptable 4,656 SF building suitable for various purposes.

405-407 N Terrell St, Midland, TX 79701

View Details

For sale
Flex space
TX
Midland
3717 S County Rd 1232

What type of property is this?

Flex space - New 11,600 SF office/shop with yard on South Loop 250.

Where is this flex space located?

The property is located at 3717 S County Rd 1232 Midland, TX.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: Prime location on South Loop 250 (Antelope Trail), one of the first buildings south of I‑20.; Turnkey office/shop, brand new and ready for immediate occupancy.; Features 11,600 sqft with potential for further expansion on a 2‑4 acre yard.

3717 S County Rd 1232, Midland, TX

New 11,600 SF office/shop with yard on South Loop 250.

Property Features for 3717 S County Rd 1232

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Sale

Highly Visible Midland Office Building

Spacious Midland Flex/Industrial Property

Midland Commercial Property on 2.85 Acres

Midland Commercial Property on Corner

Multi-Building Industrial Flex Complex

Midland Industrial Asset on Acreage

Iconic Building in High-Traffic Area

Retail Site in Growing Corridor

New Construction Retail and Office

Premium Office and Warehouse Space

Freestanding Retail Building on Wadley

Versatile Building Near Downtown Midland

FAQs

Create New Password