20,800 SF Industrial
For Sale
Contact for pricing
1701 E County Rd 140, Midland, TX
Industrial facility on 19.4 acres with multiple buildings.
Property Size20,800 SF
Lot Size18.90 Acres
Price / SF$243.24
Days on Market407
Property Features for 1701 E County Rd 140
General Information
Standard status
Active
Size
20,800 SF
Lot size
18.90 Acres
Property subtype
INDUSTRIAL
Listing Agency:
NRG Realty Group - Dallas/Fort Worth
(214) 534-7976
Listed By:
Justin Dodd · License #9004023
(214) 534-7976
Source:
Moodyscre
Added: Jun 24, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:44AM
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 facility, constructed in 2015, offers 20,800 square feet of space on a 19.4-acre site. The primary building encompasses 14,800 square feet, including 1,600 square feet of office space and a 13,200-square-foot shop area. It features a 20-foot eave height, is crane-ready, and has eight 14'x14' bay doors, along with 3-phase power. A secondary building provides an additional 6,000 square feet with a 20-foot eave height, three 14'x14' bay doors, a 2-ton jib crane, and 3-Phase/230V power. The site includes a wash-bay/steam cleaner, an underground tank, a man camp with thirteen 2-bed units with a shared living area, a private fuel station, and a water well.
Key Highlights
- 20,800 SF total building space on 19.4 acres, providing ample room for operations and expansion.
- Primary building is crane‑ready with 20' eave height and (8) 14'x14' bay doors.
- Includes a secondary 6,000 SF building with a 2‑ton Jib Crane.
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 | $282.0k | $13.56 |
| − Vacancy | −$15.5k | −$0.75 |
| EGI | $266.5k | $12.81 |
| − OpEx | −$40.0k | −$1.92 |
| NOI | $226.6k | $10.89 |
20,800 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.24M
$2.83M – $3.78M
NOI $226,555 @ 7.0% cap · market cap 4.48%
Second Best
Industrial
$2.67M
$2.33M – $3.11M
NOI $186,575 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$4.91M
$4.29M – $5.72M
NOI $343,450 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
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 facility on 19.4 acres with multiple buildings.
Where is this manufacturing property located?
The property is located at 1701 E County Rd 140 Midland, TX.
What is the asking price?
The asking price for this property is $5,059,459.
What are key features of this property?
This property features: 20,800 SF total building space on 19.4 acres, providing ample room for operations and expansion.; Primary building is crane‑ready with 20' eave height and (8) 14'x14' bay doors.; Includes a secondary 6,000 SF building with a 2‑ton Jib Crane.
