Midland Industrial Facility For
2208 E County Rd 130, Midland, TX 79706
Call to check price and availability
8,850 SF industrial facility on 2.91 acres in Midland, TX.
Type:Industrial
Property size:
8,850 SFLot size:
2.91 AcresPrice / SF:
$215/SF- Added:
- Feb 23, 2026
- Days on Market:
- 83
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 2208 E County Rd 130
General Information
- Standard status
- Active
- Size
- 8,850 SF
- Lot size
- 2.91 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2023
Listing agent Justin Dodd License #9004023
Listing office NRG Realty Group (432) 363-4777
Listing date Feb 23, 2026
Source Crexi
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
HighLights
- 100% leased on a five‑year absolute NNN basis, providing passive income.
- Attractive 8.5% cap rate offering a strong yield profile.
- Functional shop layout with three drive‑through bays and (7) 16’ x 14’ overhead doors.
- Excellent access to Interstate 20, TX‑349, and TX‑158.
- Located on 2.91 acres, providing operational flexibility.
- Tenant is a West Virginia‑based interstate freight carrier.
Overview
This 8,850 SF industrial facility is located on 2.91 acres at 2208 E County Rd 130 in Midland, Texas. It offers convenient access to Interstate 20, TX-349, and TX-158. The property includes 1,500 SF of office space and a functional shop layout featuring three drive-through bays and seven 16’ x 14’ overhead doors, supporting efficient logistics, equipment movement, and service-oriented industrial operations. The site configuration and acreage provide operational flexibility. The property is currently 100% leased on a five-year absolute NNN basis. The current rent is $13,500 per month. The lease structure shifts taxes, insurance, and maintenance responsibilities to the tenant. The tenant is a West Virginia-based interstate freight carrier that serves industrial and toll-manufacturing supply chains by transporting raw materials and finished goods for third-party processors. The tenant’s use is operational and logistics-driven, aligning well with the property’s layout and Midland’s industrial economy. The shop features three drive-through bays and seven 14’x16’ overhead bay doors, providing efficient circulation and flexibility for equipment-intensive users. The property allows for quick ingress and egress throughout Midland and the broader Permian Basin, making it well suited for oilfield service, logistics, or industrial users seeking yard space, accessibility, and operational efficiency.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.19M
NOI $107,050 @ 9.00% cap · cautious / downside scenario
Moderate
$1.53M
NOI $107,050 @ 7.00% cap · market / base-case scenario
Aggressive
$2.14M
NOI $107,050 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $169.9k | $19.20 |
| − Vacancy | −$27.2k | −$3.07 |
| EGI | $142.7k | $16.13 |
| − OpEx | −$35.7k | −$4.03 |
| NOI | $107.0k | $12.10 |
8,850 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.53M
$1.34M – $1.78M
NOI $107,050 @ 7.0% cap · market cap 5.62%
Second Best
Warehouse
$1.38M
$1.20M – $1.61M
NOI $96,395 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,131 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.027424
- Latitude
- 31.951709
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FAQs
What type of property is this?
Warehouse - 8,850 SF industrial facility on 2.91 acres in Midland, TX.
Where is this warehouse located?
The property is located at 2208 E County Rd 130 Midland, TX.
What is the asking price?
The asking price for this property is $1,905,882.
What are key features of this property?
This property features: 100% leased on a five‑year absolute NNN basis, providing passive income.; Attractive 8.5% cap rate offering a strong yield profile.; Functional shop layout with three drive‑through bays and (7) 16’ x 14’ overhead doors.
