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Midland Warehouse and Office Facility

3016 S Lamesa Rd, Midland, TX

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For Sale

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23,054 SF warehouse and office on 9.8 acres.

Type:INDUSTRIAL

Property size:

23,054 SF

Lot size:

9.83 Acres

Price / SF:

$175/SF

HighLights

Substantial Space: 23,054 SF total on 9.805 acres
Crane Served: Equipped with a 10‑ton bridge crane
Features 5 drive‑through bays with 16’ overhead doors
Dual office/warehouse buildings (12,939 SF and 10,115 SF)
High 26’ eave height
Fully fenced yard with 2 automatic gates

We can help!

Listing Contact

Justin Dodd

For Sale

Contact for pricing

23,054 SF warehouse and office on 9.8 acres.

Type:INDUSTRIAL

Property size:

23,054 SF

Lot size:

9.83 Acres

Price / SF:

$175/SF

Added:: Mar 26, 2025
Days on Market:: 442
Last Refresh:: May 20 at 9:12 pm

Property Features for 3016 S Lamesa Rd

General Information

Standard status: Active
Size: 23,054 SF
Lot size: 9.83 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Justin Dodd

Listing agent Justin Dodd License #9004023

Listing office NRG Realty Group - Dallas/Fort Worth

Listing date Mar 26, 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 NRG Realty Group - Dallas/Fort Worth

HighLights

Substantial Space: 23,054 SF total on 9.805 acres
Crane Served: Equipped with a 10‑ton bridge crane
Features 5 drive‑through bays with 16’ overhead doors
Dual office/warehouse buildings (12,939 SF and 10,115 SF)
High 26’ eave height
Fully fenced yard with 2 automatic gates

Overview

This property features a total of 23,054 square feet of warehouse and office space situated on 9.805 acres. The main office/warehouse building comprises 12,939 square feet, divided into 5,112 square feet of office space and 7,827 square feet of shop area. It has an eave height of 26 feet and includes five drive-through bays, each equipped with 16-foot overhead doors. A 10-ton bridge crane serves the area. Additionally, there is a second office/warehouse building with 10,115 square feet, consisting of 3,524 square feet of office space and 6,591 square feet of warehouse space. The property is fully fenced and includes two automatic gates. There are utility connections available for three mobile trailers. An additional 8,000 square feet of covered parking is also available. Located in Midland, Texas.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$312.6k	$13.56
− Vacancy	−$17.2k	−$0.75
EGI	$295.4k	$12.81
− OpEx	−$44.3k	−$1.92
NOI	$251.1k	$10.89

23,054 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$3.59M

$3.14M – $4.19M (±1% cap)

NOI $251,106 @ 7.0% cap · market cap 6.20%

Second Best

Industrial

$2.95M

$2.58M – $3.45M (±1% cap)

NOI $206,793 @ 7.0% cap · market cap 5.11%

Theoretical Best

Office A

$5.44M

$4.76M – $6.34M (±1% cap)

NOI $380,668 @ 7.0% cap · market cap 9.40%

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

Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Similar Places Nearby

1909 RV Storage — 1909 Garden City Hwy, Midland, TX 79701
New York St. Warehouse Co. — S Big Spring St, Midland, TX 79701
Kentucky Street Storage — 308 W New York Ave, Midland, TX 79701

Location Insight

Map
Local Demand

City: Midland
County: Midland
State: Texas
Longitude: -102.075
Latitude: 32.0311

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For sale
Warehouses
TX
Midland
3016 S Lamesa Rd

What type of property is this?

Warehouse - 23,054 SF warehouse and office on 9.8 acres.

Where is this warehouse located?

The property is located at 3016 S Lamesa Rd Midland, TX.

What is the asking price?

The asking price for this property is $4,050,000.

What are key features of this property?

This property features: Substantial Space: 23,054 SF total on 9.805 acres; Crane Served: Equipped with a 10‑ton bridge crane; Features 5 drive‑through bays with 16’ overhead doors

3016 S Lamesa Rd, Midland, TX

23,054 SF warehouse and office on 9.8 acres.

Property Features for 3016 S Lamesa Rd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

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

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