Industrial Property with
New
For Sale
$2,500,000
2205 E County Rd 90, Midland, TX 79706
Commercial Sale, Midland, TX
Property Size12,300 SF
Lot Size6.13 Acres
Price / SF$203.25
Days on Market2
Property Features for 2205 E County Rd 90
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
12,300 SF
Lot size
6.13 Acres
Taxes and HOA fees
Tax Description
Acres: 3.860, SW/4, SEC: 42, BLK: 38-T1S
Tax Annual Amount
1091
Legal Description
Acres: 3.860, SW/4, SEC: 42, BLK: 38-T1S
Building Details
Year built
2018
Listing Agency:
Fathom Realty
(888) 455-6040
Listed By:
Camri Hubbard
(432) 853-7733
Added: Oct 21
Last Checked: Oct 22 at 7:06PM
MLS# 50099186
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.
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Investment Insights
Based on property information with market context.
This industrial property covers 6.13 acres and includes two buildings totaling 12,300 square feet. The 7,500-square-foot front building has an open showroom and a private office. A 4,800-square-foot rear building includes a 1,680-square-foot canopy. The property also has a gravel yard and metal fencing along adjoining parcels. Two businesses are operating on the site, and the property may be divided.
Key Highlights
- 6.13‑acre property with two operating businesses
- Two buildings totaling 12,300 square feet
- Front building measures 7,500 square feet and includes an open showroom and private office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,972
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,679,440
$2.7M
Cap Rate 7%
$1,913,886
$1.9M
Cap Rate 9%
$1,488,578
$1.5M
Market Conditions
NOI Build-Up for 12,300 SF
Gross rent
$166.8K $13.56/SF
− Vacancy
−$9.2K −$0.75/SF
EGI
$157.6K $12.81/SF
− OpEx
−$23.6K −$1.92/SF
NOI
$134.0K $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%
$2,679,440
Cap Rate 7%
$1,913,886
Cap Rate 9%
$1,488,578
Alternative Uses
Best Use
Warehouse
$1.91M
$1.67M – $2.23M
NOI $133,972 @ 7.0% cap · market cap 5.36%
Second Best
Retail
$1.72M
$1.50M – $2.00M
NOI $120,109 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$2.90M
$2.54M – $3.38M
NOI $203,098 @ 7.0% cap · market cap 8.12%
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
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
85
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
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View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - A front building combines an open display area with private office space, alongside a separate rear structure.
Where is this industrial property located?
The property is located at 2205 E County Rd 90 Midland, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 6.13‑acre property with two operating businesses; Two buildings totaling 12,300 square feet; Front building measures 7,500 square feet and includes an open showroom and private office
