Midland Flex Space For
For Sale
Contact for pricing
2031 S Loop 250 W, Midland, TX
16,859 SF flex space available for lease in Midland.
Property Size16,859 SF
Lot Size1.19 Acres
Price / SF$130.20
Days on Market324
Property Features for 2031 S Loop 250 W
General Information
Standard status
Active
Size
16,859 SF
Lot size
1.19 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Properties For Sale
at 2031 S Loop 250 W
2031 S Loop 250 W
AVAILABLE, Now
Floor
Bldg
Size
16,859 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
No
-16,859 SF on 1.18 Acres
-Showroom Entrance w/ Automatic Sliding Door
-8 Private Offices | 1 Large Flex Office
-3 Employee Restrooms
-(1) 10'x10' Overhead Roll Up Door
-(2) 12'x12' Overhead Doors
-(2) 8'x10' Overhead Roll Up Doors
-Gas Heaters | Airlines in Various Areas
-Climate Controlled Shop Space
-City Utilities Available
Contact us
Listing Agency:
NRG Realty Group - Midland/Odessa
(432) 302-7488
Listed By:
Tucker Schneemann · License #TX 767730
(432) 661-4880
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Oct 11
Last Checked: Oct 12 at 8:07PM
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 - Midland/Odessa
Investment Insights
Based on property information with market context.
This 16,859 square foot flex space is available for lease on a 1.18-acre lot. The property features a showroom entrance with an automatic sliding door, eight private offices, and one large flex office. There are three employee restrooms. The property includes one 10'x10' overhead roll-up door, two 12'x12' overhead doors, and two 8'x10' overhead roll-up doors. Gas heaters and airlines are installed in various areas. The shop space is climate controlled. City utilities are available. The property is located in Midland, TX.
Key Highlights
- 16,859 SF of Space on 1.18 Acres
- Climate Controlled Shop Space
- Multiple Overhead Doors: (2) 12'x12', (2) 8'x10', and (1) 10'x10'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$183,629
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,672,580
$3.7M
Cap Rate 7%
$2,623,271
$2.6M
Cap Rate 9%
$2,040,322
$2.0M
Market Conditions
NOI Build-Up for 16,859 SF
Gross rent
$228.6K $13.56/SF
− Vacancy
−$12.6K −$0.75/SF
EGI
$216.0K $12.81/SF
− OpEx
−$32.4K −$1.92/SF
NOI
$183.6K $10.89/SF
Area
Midland, TX
Vacancy
5.50%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,672,580
Cap Rate 7%
$2,623,271
Cap Rate 9%
$2,040,322
Alternative Uses
Best Use
Warehouse
$2.62M
$2.30M – $3.06M
NOI $183,629 @ 7.0% cap · market cap 8.37%
Second Best
Industrial
$2.16M
$1.89M – $2.52M
NOI $151,224 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$3.98M
$3.48M – $4.64M
NOI $278,376 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - 16,859 SF flex space available for lease in Midland.
Where is this flex space located?
The property is located at 2031 S Loop 250 W Midland, TX.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 16,859 SF of Space on 1.18 Acres; Climate Controlled Shop Space; Multiple Overhead Doors: (2) 12'x12', (2) 8'x10', and (1) 10'x10'
