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Warehouse Shop with RV Hookups
For Sale
$550,000

2066 Private Rd C2300, Midland, TX 79705

Commercial Sale, Midland, TX

Property Size2,000 SF
Lot Size5.01 Acres
Price / SF$275
Days on Market78

Property Features for 2066 Private Rd C2300

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Subdivision 38-1-S
Standard status Active
Size 2,000 SF
Lot size 5.01 Acres

Taxes and HOA fees

Tax Description LT 23 BLK 1, JAZ ESTATES, SEC 9 BLK 38-1-S
Tax Annual Amount 87
Legal Description LT 23 BLK 1, JAZ ESTATES, SEC 9 BLK 38-1-S

Amenities

shop
RV hookups

Building Details

Year built 2026
Listing Agency: The Real Estate Ranch LLC
Listed By: Ana Montoya · License #0764560
Added: Jul 29 Changed: Sep 3 Last Checked: Oct 14 at 2:06AM
MLS# 50097109

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.

This 5.01-acre warehouse property is under construction and includes a 2,000-square-foot shop with a bathroom and utility connections already in place. The shop measures 40 x 50 feet and has two 14 x 16 bay doors. Ten RV hookups are also included, supporting potential RV park operations.

The property provides a spacious yard with room for 18-wheelers, heavy equipment, fleet vehicles, storage, oilfield services, and construction operations. It is located minutes from North Loop 250 with access to Interstate I-20. The structure was built in 2026.

Key Highlights

  • 5.01‑acre commercial property with a 2,000‑square‑foot shop
  • 40 x 50 shop with two 14 x 16 bay doors
  • 10 RV hookups included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,784
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,680 $435.7K
Cap Rate 7%
$311,200 $311.2K
Cap Rate 9%
$242,044 $242.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$27.1K $13.56/SF
− Vacancy
−$1.5K −$0.75/SF
EGI
$25.6K $12.81/SF
− OpEx
−$3.8K −$1.92/SF
NOI
$21.8K $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%
$435,680
Cap Rate 7%
$311,200
Cap Rate 9%
$242,044

Alternative Uses

Best Use
Warehouse
$311.2K
$272.3K – $363.1K (±1% cap)
NOI $21,784 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$471.8K
$412.8K – $550.4K (±1% cap)
NOI $33,024 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Commercial land

Lease Details

2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 79705, TX

44,138
Population
20,021
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
91%
High-School Grad
79.4 sq mi
ZIP Area
556
Density / Sq Mi
$105,106
Median Household Income
$60,415
Median Earnings
$1,431
Median Rent
$329,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Under-construction warehouse property with a shop, utility connections, bay access, and RV hookups.
Where is this warehouse located?
The property is located at 2066 Private Rd C2300 Midland, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 5.01‑acre commercial property with a 2,000‑square‑foot shop; 40 x 50 shop with two 14 x 16 bay doors; 10 RV hookups included
More about this property
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