Secured Flex Industrial
For Sale
$1,699,999
2416 E County Rd 130, Midland, TX 79706
Commercial Sale, Midland, TX
Property Size8,750 SF
Lot Size2.52 Acres
Price / SF$194.29
Days on Market232
Property Features for 2416 E County Rd 130
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
MS3
Standard status
Active
Size
8,750 SF
Lot size
2.52 Acres
Taxes and HOA fees
Tax Description
Legal: Acres: 2.520, BLK: 003, LOT: 002, REDNECK RETREAT SEC 3
Tax Annual Amount
11318
Legal Description
Legal: Acres: 2.520, BLK: 003, LOT: 002, REDNECK RETREAT SEC 3
Building Details
Year built
2023
Listing Agency:
NRG Realty Group, LLC
(210) 860-0241
Listed By:
Amy Brasher Barnett · License #514276
(432) 352-6714
Added: Feb 24
Changed: Oct 12
Last Checked: Oct 14 at 2:06AM
MLS# 50091076
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.
Investment Insights
Based on property information with market context.
Built in 2023, this 8,750-square-foot flex industrial facility occupies 2.52 acres at 2416 E County Rd 130 in Midland. The property combines a 1,500-square-foot office component with four private offices, two restrooms, a conference room, and a break room. A fully insulated 6,000-square-foot shop includes a 5-ton crane, three drive-through bays, and a drive-in bay connected to the wash-bay area. Overhead doors measure 14 feet by 16 feet.
The covered wash-bay totals 1,250 square feet and is designed with drainage to an underground tank. The site is fully fenced and secured, with single-phase power and septic service. Located within a developing industrial park, the property offers a combination of office, shop, wash-bay, and yard areas in one facility.
The covered wash-bay totals 1,250 square feet and is designed with drainage to an underground tank. The site is fully fenced and secured, with single-phase power and septic service. Located within a developing industrial park, the property offers a combination of office, shop, wash-bay, and yard areas in one facility.
Key Highlights
- 8,750 SF industrial facility on 2.52 acres
- Built in 2023 with a 1,500 SF office component
- 6,000 SF insulated shop with a 5‑ton crane
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,306
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,906,120
$1.9M
Cap Rate 7%
$1,361,514
$1.4M
Cap Rate 9%
$1,058,956
$1.1M
Market Conditions
NOI Build-Up for 8,750 SF
Gross rent
$118.7K $13.56/SF
− Vacancy
−$6.5K −$0.75/SF
EGI
$112.1K $12.81/SF
− OpEx
−$16.8K −$1.92/SF
NOI
$95.3K $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%
$1,906,120
Cap Rate 7%
$1,361,514
Cap Rate 9%
$1,058,956
Alternative Uses
Best Use
Warehouse
$1.36M
$1.19M – $1.59M
NOI $95,306 @ 7.0% cap · market cap 5.61%
Second Best
Industrial
$1.12M
$981.1K – $1.31M
NOI $78,487 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M
NOI $144,480 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Drive-in doors
1
Office units
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Newer industrial facility with dedicated office space, insulated shop areas, drive-through access, and a fenced service yard.
Where is this flex space located?
The property is located at 2416 E County Rd 130 Midland, TX.
What is the asking price?
The asking price for this property is $1,699,999.
What are key features of this property?
This property features: 8,750 SF industrial facility on 2.52 acres; Built in 2023 with a 1,500 SF office component; 6,000 SF insulated shop with a 5‑ton crane
