Commercial
For Sale
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1814 E County Rd 120, Midland, TX 79706
Three-acre commercial land parcel identified for commercial and industrial purposes.
Property Size12,000 SF
Price / SF$154.08
Days on Market11
Property Features for 1814 E County Rd 120
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Land
Building Details
Year Built
2019
Listing Agency:
eXp Realty
(432) 202-0069
Listed By:
Yvonne Rosas · License #716775
Source:
Crexi
Added: Jul 26
Changed: Aug 4
Last Checked: Aug 5 at 5:53AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This commercial land offering encompasses 3 acres at 1814 E County Rd 120 in Midland, Texas. The property is identified for commercial and industrial purposes, providing a sizable land component for businesses considering operations, expansion, or relocation. The source information also describes potential applications including a headquarters, operations center, service facility, or distribution hub.
Key Highlights
- 3‑acre commercial and industrial property
- Located at 1814 E County Rd 120, Midland, TX 79706
- Identified for headquarters, operations center, service facility, or distribution hub use
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 | $162.7k | $13.56 |
| − Vacancy | −$8.9k | −$0.75 |
| EGI | $153.8k | $12.81 |
| − OpEx | −$23.1k | −$1.92 |
| NOI | $130.7k | $10.89 |
12,000 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.87M
$1.63M – $2.18M
NOI $130,705 @ 7.0% cap · market cap 7.07%
Second Best
Industrial
$1.54M
$1.35M – $1.79M
NOI $107,639 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$2.83M
$2.48M – $3.30M
NOI $198,144 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
73
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?
Commercial land - Three-acre commercial land parcel identified for commercial and industrial purposes.
Where is this commercial land located?
The property is located at 1814 E County Rd 120 Midland, TX.
What is the asking price?
The asking price for this property is $1,849,000.
What are key features of this property?
This property features: 3‑acre commercial and industrial property; Located at 1814 E County Rd 120, Midland, TX 79706; Identified for headquarters, operations center, service facility, or distribution hub use
