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Industrial Facility with Wash Bay
For Sale
$1,575,000

2700 E County Rd 130, Midland, TX 79706

Commercial Sale, Midland, TX

Property Size8,750 SF
Lot Size2.69 Acres
Price / SF$180
Days on Market9

Property Features for 2700 E County Rd 130

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Subdivision MS3
Standard status Active
Size 8,750 SF
Lot size 2.69 Acres

Taxes and HOA fees

Tax Description Legal: Acres: 2.690, BLK: 001, LOT: 003, NOVAS PARADISE
Tax Annual Amount 525
Legal Description Legal: Acres: 2.690, BLK: 001, LOT: 003, NOVAS PARADISE

Building Details

Year built 2025
Listing Agency: NRG Realty Group, LLC
Listed By: Amy Brasher Barnett · License #514276
Added: Oct 2 Last Checked: Oct 10 at 9:06AM
MLS# 50098761

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.

The 8,750-square-foot industrial facility is under construction on 2.69 acres. Its 1,500-square-foot office has four offices, reception, a conference room, break room, two restrooms, and a shower. The 6,000-square-foot shop offers 22-foot clear height, preparation for a 5-ton crane, seven 14' x 16' overhead doors, three drive-through bays, and one drive-in bay. A 1,250-square-foot covered wash bay drains to two 1,500-gallon tanks.

The site is fully fenced with two 20-foot gates and has 3-phase power, well, and septic. Access is via a private road surfaced with asphalt millings, described as low-traffic.

Key Highlights

  • 8,750‑square‑foot industrial facility on 2.69 acres
  • 6,000‑square‑foot shop with 22' clear height
  • Seven 14'x16' overhead doors, three drive‑through bays, and one drive‑in bay

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,487
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,569,740 $1.6M
Cap Rate 7%
$1,121,243 $1.1M
Cap Rate 9%
$872,078 $872.1K
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
−$33.6K −$3.84/SF
NOI
$78.5K $8.97/SF
Area
Midland, TX
Vacancy
5.50%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,569,740
Cap Rate 7%
$1,121,243
Cap Rate 9%
$872,078

Alternative Uses

Best Use
Industrial
$1.12M
$981.1K – $1.31M (±1% cap)
NOI $78,487 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M (±1% cap)
NOI $144,480 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - A dedicated office, high-clearance shop, and covered wash area serve a range of industrial operations.
Where is this industrial property located?
The property is located at 2700 E County Rd 130 Midland, TX.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 8,750‑square‑foot industrial facility on 2.69 acres; 6,000‑square‑foot shop with 22' clear height; Seven 14'x16' overhead doors, three drive‑through bays, and one drive‑in bay
More about this property
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