Industrial Building with Caliche
For Sale
Contact for pricing
2401 E County Rd 155, Midland, TX
10,000 SF industrial building with a 4.00 AC yard.
Property Size10,000 SF
Lot Size7.87 Acres
Price / SF$249.60
Days on Market323
Property Features for 2401 E County Rd 155
General Information
Standard status
Active
Size
10,000 SF
Lot size
7.87 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Properties For Sale
at 2401 E County Rd 155
2405 E County Rd 155
AVAILABLE, Now
Floor
Bldg
Size
10,000 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
No
- 10,000 SF building with quick and easy access to FM 715, Interstate 20 and Garden City Hwy. This site is equipped with 3 Phase 480 V Power, Fiber Internet, Water Well and Septic. This site sits on a 4.00 AC caliche base yard with perimeter fencing and two gates. Site is also equipped with a 2,000 SF wash bay with a sump system.
- Located in an industrial development off of FM 715, 4 miles south of Interstate 20 and less than 3 miles to Garden City Highway. Site is located on a private county road that will be paved by the end of the year.
- 8,000 SF Shop and 2,000 SF Office
- New Construction
- Two months free rent for tenant with good credit
Contact us
Listing Agency:
Moriah Brokerage Services
(432) 682-2510
Listed By:
Trey Dennis · License #723150
(432) 236-7500
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Oct 6
Last Checked: Oct 12 at 9:30PM
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 Moriah Brokerage Services
Investment Insights
Based on property information with market context.
This 10,000 SF industrial building offers convenient access to FM 715, Interstate 20, and Garden City Highway. Constructed recently, the property includes an 8,000 SF shop area and a 2,000 SF office space. It is equipped with 3 Phase 480 V Power, fiber internet, a water well, and a septic system. The site features a 4.00 AC caliche base yard, enclosed by perimeter fencing and accessible through two gates. Additionally, there is a 2,000 SF wash bay with a sump system. Located within an industrial development off FM 715, the property is situated 4 miles south of Interstate 20 and less than 3 miles from Garden City Highway. The site is located on a private county road that is planned to be paved by the end of the year. Two months free rent is available for tenants with good credit.
Key Highlights
- 10,000 SF building, featuring an 8,000 SF shop and 2,000 SF office, on 4.00 AC caliche base yard with perimeter fencing and two gates.
- Quick and easy access to FM 715, Interstate 20, and Garden City Hwy.
- Equipped with 3 Phase 480 V Power, Fiber Internet, Water Well, and Septic.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,921
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,178,420
$2.2M
Cap Rate 7%
$1,556,014
$1.6M
Cap Rate 9%
$1,210,233
$1.2M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$135.6K $13.56/SF
− Vacancy
−$7.5K −$0.75/SF
EGI
$128.1K $12.81/SF
− OpEx
−$19.2K −$1.92/SF
NOI
$108.9K $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%
$2,178,420
Cap Rate 7%
$1,556,014
Cap Rate 9%
$1,210,233
Alternative Uses
Best Use
Warehouse
$1.56M
$1.36M – $1.82M
NOI $108,921 @ 7.0% cap · market cap 4.36%
Second Best
Industrial
$1.28M
$1.12M – $1.49M
NOI $89,699 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,120 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
84
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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Similar Off Market Nearby
- Desert RV and Boat Storage — 9913 W County Rd 157, Midland, TX 79706
Frequently Asked Questions
What type of property is this?
Warehouse - 10,000 SF industrial building with a 4.00 AC yard.
Where is this warehouse located?
The property is located at 2401 E County Rd 155 Midland, TX.
What is the asking price?
The asking price for this property is $2,496,000.
What are key features of this property?
This property features: 10,000 SF building, featuring an **8,000 SF shop and 2,000 SF office**, on 4.00 AC caliche base yard with perimeter fencing and two gates.; Quick and easy access to FM 715, Interstate 20, and Garden City Hwy.; Equipped with 3 Phase 480 V Power, Fiber Internet, Water Well, and Septic.
