Highway Frontage Industrial
13100 State Highway 191 Midland, TX
For Sale
Contact for pricing
Industrial property with excellent access and visibility on Highway 191.
Property Size4,400 SF
Lot Size3.06 Acres
Price / SF$272.73
Days on Market491
Property Features for 13100 State Highway 191
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Lot size
- 3.06 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 13100 State Highway 191 Contact us
Listing Agency:
NRG Realty Group - Dallas/Fort Worth
(214) 534-7976
Listed By:
Justin Dodd · License #9004023
(214) 534-7976
Source:
Moodyscre
Added: Mar 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:54AM
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 industrial property, encompassing 4,400 square feet, is situated with frontage on Highway 191, offering notable access and visibility. Highway 191 serves as a connector between Midland and Odessa, making this location a preferred choice for energy and industrial sector companies. The property benefits from convenient access to major thoroughfares and employee bases in both cities, as well as proximity to oil and gas activity.
Key Highlights
- Highway 191 frontage with excellent access and visibility.
- High preference location for energy and industrial companies.
- Connects Midland and Odessa.
Financial Insights For Industrial
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 | $59.7k | $13.56 |
| − Vacancy | −$3.3k | −$0.75 |
| EGI | $56.4k | $12.81 |
| − OpEx | −$16.9k | −$3.84 |
| NOI | $39.5k | $8.97 |
4,400 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$563.8K
$493.4K – $657.8K
NOI $39,468 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$908.2K – $1.21M
NOI $72,653 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
FAQs
What type of property is this?
Industrial property - Industrial property with excellent access and visibility on Highway 191.
Where is this industrial property located?
The property is located at 13100 State Highway 191 Midland, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Highway 191 frontage with excellent access and visibility.; High preference location for energy and industrial companies.; Connects Midland and Odessa.
