Industrial Facility with Office and
For Sale
$1,700,000
5522 S County Rd 1160, Midland, TX 79706
Industrial shop with crane-ready clear height, grade-level bay doors, and a fenced yard with barbed wire security.
Property Size10,125 SF
Price / SF$261.54
Days on Market105
Property Features for 5522 S County Rd 1160
General Information
Standard status
Active
Size
10,125 SF
Property subtype
Industrial - Manufacturing
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
26 ft
Drive-In Doors
7
Heavy Power
Yes
Building Details
Building Size
10,125 SF
Year Built
2026
Listing Agency:
NRG Realty Group
(432) 352-6714
Listed By:
Amy Brasher Barnett · License #514276
Source:
Commercialcafe
Added: May 14
Changed: Aug 14
Last Checked: Aug 26 at 5:50AM
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
Investment Insights
Based on property information with market context.
Located at 5522 S County Rd 1160, this industrial facility blends office, shop, and fenced yard space designed to support service and contractor-style operations. The office buildout includes a reception area, five private offices, a conference room, kitchen, and two restrooms.
The shop provides approximately 6,500 SF with 26’ clear height and is described as crane-ready. It features seven 14’ x 16’ grade-level bay doors, a 25’ x 65’ wash bay, and 3-phase, 480V power. In addition to two restrooms within the shop, one includes a shower to accommodate field crews.
Outside, the yard is fully fenced with chain link and barbed wire, creating secure laydown and storage space for equipment, materials, and fleet. The property’s shop layout, power service, and drive-through functionality support day-to-day industrial use.
The shop provides approximately 6,500 SF with 26’ clear height and is described as crane-ready. It features seven 14’ x 16’ grade-level bay doors, a 25’ x 65’ wash bay, and 3-phase, 480V power. In addition to two restrooms within the shop, one includes a shower to accommodate field crews.
Outside, the yard is fully fenced with chain link and barbed wire, creating secure laydown and storage space for equipment, materials, and fleet. The property’s shop layout, power service, and drive-through functionality support day-to-day industrial use.
Key Highlights
- Industrial property built in 2026 at 5522 SCR 1160, with office, shop, and fully fenced yard for oilfield service and contractor operations.
- Office buildout includes reception, five private offices, a conference room, kitchen, and two restrooms.
- 6,500 SF shop (100' x 65') with 26' clear height and crane‑ready design for maintenance and light fabrication.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,305
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,166,100
$1.2M
Cap Rate 7%
$832,929
$832.9K
Cap Rate 9%
$647,833
$647.8K
Market Conditions
NOI Build-Up for 6,500 SF
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.
Gross rent
$88.1K $13.56/SF
− Vacancy
−$4.8K −$0.75/SF
EGI
$83.3K $12.81/SF
− OpEx
−$25.0K −$3.84/SF
NOI
$58.3K $8.97/SF
Area
Midland, TX
Vacancy
5.50%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,166,100
Cap Rate 7%
$832,929
Cap Rate 9%
$647,833
Alternative Uses
Best Use
Industrial
$832.9K
$728.8K – $971.8K
NOI $58,305 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,328 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
26 ft
Clear height
7
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial shop with crane-ready clear height, grade-level bay doors, and a fenced yard with barbed wire security.
Where is this manufacturing property located?
The property is located at 5522 S County Rd 1160 Midland, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Industrial property built in 2026 at 5522 SCR 1160, with office, shop, and fully fenced yard for oilfield service and contractor operations.; Office buildout includes reception, five private offices, a conference room, kitchen, and two restrooms.; 6,500 SF shop (100' x 65') with 26' clear height and crane‑ready design for maintenance and light fabrication.
