Industrial Warehouse with
1500 Loop 250N Midland, TX 79706
New
1500 Loop 250N, Midland, TX, 79706
$900,000
For Sale
$900,000
COMMERCIAL - Midland, TX
Property Size4,844 SF
Lot Size0.57 Acres
Price / SF$185.80
Days on Market4
Property Features for 1500 Loop 250N
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 4,844 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Description
- Acres: 0.574, Blk: Lot:003 less W .50, Addn: Westgate Acres
- Tax Annual Amount
- 2774
Building Details
- Year built
- 1958
Listing agency
Black Orchid Real Estate
(432) 813-3538
Listed by
Sharon Horton
(432) 853-7875
Added: Jul 19 Checked: Jul 22 at 7:06AM
MLS# 50096877
Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Industrial flex-style property offered for sale in Midland, TX. The site includes numerous outbuildings and a main warehouse area totaling 4,844 square feet, situated on 0.574 acres. The property also features water well located inside and two restrooms.
The address is 1500 Loop 250N, Midland, TX 79706.
The address is 1500 Loop 250N, Midland, TX 79706.
Key Highlights
- 1958‑built commercial property with numerous outbuildings
- Sits on 0.574 acres
- Includes a water well located on‑site
Local Financial Insights For Warehouse
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 | $65.7k | $13.56 |
| − Vacancy | −$3.6k | −$0.75 |
| EGI | $62.1k | $12.81 |
| − OpEx | −$9.3k | −$1.92 |
| NOI | $52.8k | $10.89 |
4,844 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$753.7K
$659.5K – $879.4K
NOI $52,761 @ 7.0% cap · market cap 5.86%
Second Best
Industrial
$620.7K
$543.1K – $724.2K
NOI $43,450 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.14M
$999.8K – $1.33M
NOI $79,984 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Cookhouse Catering — 3500 N A St #1700, Midland, TX 79705
FAQs
What type of property is this?
Flex space - Industrial flex-style property on 0.574 acres with multiple outbuildings, two restrooms, and an on-site water well.
Where is this flex space located?
The property is located at 1500 Loop 250N Midland, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 1958‑built commercial property with numerous outbuildings; Sits on 0.574 acres; Includes a water well located on‑site
