Warehouse with Expandable
2413 W County Rd 114 Midland, TX 79706
For Sale
$425,000
For-sale warehouse on a large industrial lot, offering room for expansion, parking, or additional structures.
Property Size3,500 SF
Lot Size2.00 Acres
Price / SF$121.43
Days on Market451
Property Features for 2413 W County Rd 114
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Lot size
- 2.00 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2017
Listing Agency:
D.E. The Home Boss Group LLC
(432) 254-4575
Listed By:
Tammie Craig · License #0802942
(432) 254-4575
Source:
Exitrealty
Added: Apr 30, 2025
Changed: Jul 23
Last Checked: Jul 24 at 7:32AM
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 D.E. The Home Boss Group LLC
Investment Insights
Based on property information with market context.
This for-sale warehouse property includes approximately 3,500 sq ft of versatile warehouse space designed to support industrial and service-based operations. The offering also features a 2-acre lot, providing ample outdoor area for expansion, parking, or additional structures.
The property is located at 2413 W County Rd 114 in Midland, Texas (79706). Its combination of enclosed warehouse space and substantial land area makes it well-suited for tenants and buyers seeking flexibility on a single parcel.
If you’re looking for a property with both warehouse utility and room to grow, this site’s layout and lot size support a range of on-site plans consistent with industrial and service uses.
The property is located at 2413 W County Rd 114 in Midland, Texas (79706). Its combination of enclosed warehouse space and substantial land area makes it well-suited for tenants and buyers seeking flexibility on a single parcel.
If you’re looking for a property with both warehouse utility and room to grow, this site’s layout and lot size support a range of on-site plans consistent with industrial and service uses.
Key Highlights
- 2017‑built warehouse with 3,500 sq ft of versatile warehouse space
- Set on 2 acres with ample land for expansion, parking, or additional structures
Financial Insights For Warehouse
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $13.56 |
| − Vacancy | −$2.6k | −$0.75 |
| EGI | $44.8k | $12.81 |
| − OpEx | −$6.7k | −$1.92 |
| NOI | $38.1k | $10.89 |
3,500 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$544.6K
$476.5K – $635.4K
NOI $38,122 @ 7.0% cap · market cap 8.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$825.6K
$722.4K – $963.2K
NOI $57,792 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Whitaker Services
Construction Company
Similar Off Market Nearby
- Montevallo Storage Units — 1310 W County Rd 114, Midland, TX 79706
- PermianLide — 2701 i-20, odessa, tx 79766
FAQs
What type of property is this?
Warehouse - For-sale warehouse on a large industrial lot, offering room for expansion, parking, or additional structures.
Where is this warehouse located?
The property is located at 2413 W County Rd 114 Midland, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2017‑built warehouse with 3,500 sq ft of versatile warehouse space; Set on 2 acres with ample land for expansion, parking, or additional structures
