Industrial Building with Fenced
1905 W County Rd 137 Midland, TX 79706
1905 W County Rd 137, Midland, TX, 79706
$1,400,000
For Sale
$1,400,000
Industrial property includes a fenced yard, a 7,000-sq-ft shop with offices, and a separate office building with 9 spaces.
Property Size7,000 SF
Price / SF$200
Days on Market129
Property Features for 1905 W County Rd 137
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2019
Listing agency
(432) 994-6310
Listed by
Midland
(432) 994-6310
Source
Xome
Added: Mar 16 Updated: Jul 21 at 9:57PM Checked: Jul 22 at 3:44AM
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 Midland
Investment Insights
Based on property information with market context.
This commercial industrial building features a fenced-in yard with a 7,000-sq-ft shop and an office building. The shop includes an office and storage and is serviced by 6 bay automatic doors. The office building offers 9 office spaces and includes 2 restrooms. Parking in front is paved.
The property is located at 1905 W County Rd 137 in Midland, TX.
The combination of the fenced yard, roll-up/automatic door access for the shop, and multiple office spaces supports flexible use for operations requiring both work/storage and dedicated office capacity.
The property is located at 1905 W County Rd 137 in Midland, TX.
The combination of the fenced yard, roll-up/automatic door access for the shop, and multiple office spaces supports flexible use for operations requiring both work/storage and dedicated office capacity.
Key Highlights
- 2019‑built industrial/commercial property with a fenced yard
- Includes a 7,000 sq. ft. shop building with an office and storage
- Shop features 6‑bay automatic doors
Local Financial Insights For Office B
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 | $134.4k | $19.20 |
| − Vacancy | −$21.5k | −$3.07 |
| EGI | $112.9k | $16.13 |
| − OpEx | −$28.2k | −$4.03 |
| NOI | $84.7k | $12.10 |
7,000 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,672 @ 7.0% cap · market cap 6.05%
Second Best
Warehouse
$1.09M
$953.1K – $1.27M
NOI $76,244 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$1.65M
$1.44M – $1.93M
NOI $115,584 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Roadrunner Trucking
Trucking Company
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial property includes a fenced yard, a 7,000-sq-ft shop with offices, and a separate office building with 9 spaces.
Where is this flex space located?
The property is located at 1905 W County Rd 137 Midland, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2019‑built industrial/commercial property with a fenced yard; Includes a 7,000 sq. ft. shop building with an office and storage; Shop features 6‑bay automatic doors
