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Flex Space with RV Hookups

2066 Private Rd C2300, Midland, TX 79705

For Sale
$250,000

Commercial property with a shop, RV hookups, utilities, and an expansive yard for equipment or vehicle storage.

Property Size2,000 SF
Lot Size5.00 Acres
Price / SF$125
Days on Market98

Property Features for 2066 Private Rd C2300

General Information

Standard status Active
Size 2,000 SF
Lot size 5.00 Acres

Site & Location

Highway Access Yes
Road Access Yes
Outdoor Storage Yes
Utilities to Site Yes

Additional Details

Drive-In Doors 2
Land Use commercial

Amenities

RV hookups

Building Details

Year Built 2026
Buildings 1
Building Size 2,000 SF
Listing Agency: The Real Estate Ranch LLC
Listed By: Ana Montoya · License #0764560
Source: Rickerlooney
Added: Aug 2 Changed: Nov 6 Last Checked: Nov 6 at 12:27PM

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 The Real Estate Ranch LLC

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Investment Insights

Based on property information with market context.

This flex-space property includes 5 acres with a 2,000-square-foot shop built in 2026. The building measures 40 x 50 feet and contains two 14 x 16 bay doors, a bathroom, and utilities. Ten RV hookups are also installed on the property.

The surrounding yard provides room for 18-wheelers, heavy equipment, fleet vehicles, storage, oilfield services, and construction operations. Access is available near North Loop 250, with connectivity to Interstate I-20. The address is 2066 Private Road C2300 in Midland, Texas.

Key Highlights

  • 5 acres with a 2,000‑square‑foot shop
  • Shop measures 40 x 50 feet and was built in 2026
  • Two 14 x 16 bay doors, bathroom, and utilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,940
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,800 $358.8K
Cap Rate 7%
$256,286 $256.3K
Cap Rate 9%
$199,333 $199.3K
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
−$7.7K −$3.84/SF
NOI
$17.9K $8.97/SF
Area
Midland, TX
Vacancy
5.50%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,800
Cap Rate 7%
$256,286
Cap Rate 9%
$199,333

Alternative Uses

Best Use
Industrial
$256.3K
$224.3K – $299.0K (±1% cap)
NOI $17,940 @ 7.0% cap · market cap 7.18%
Second Best
Flex RnD
$251.4K
$220.0K – $293.3K (±1% cap)
NOI $17,597 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$471.8K
$412.8K – $550.4K (±1% cap)
NOI $33,024 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Lease Details

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

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby
Well-served
Demand for This Use

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

Average Price Trend$/SF for Flex space in Midland, TX

$186 Jul
$224 Aug
$207 Sep
$195 Oct

Properties on Market for Flex space in Midland

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Flex space - Commercial property with a shop, RV hookups, utilities, and an expansive yard for equipment or vehicle storage.
Where is this flex space located?
The property is located at 2066 Private Rd C2300 Midland, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 5 acres with a 2,000‑square‑foot shop; Shop measures 40 x 50 feet and was built in 2026; Two 14 x 16 bay doors, bathroom, and utilities
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