Flex Space with Drive-Through
For Sale
Contact for pricing
2700 E County Rd 130, Midland, TX 79706
Industrial facility combines dedicated office space, a high-clear shop, and a covered wash-bay.
Property Size8,750 SF
Lot Size2.69 Acres
Price / SF$180
Days on Market31
Property Features for 2700 E County Rd 130
General Information
Standard status
Active
Size
8,750 SF
Lot size
2.69 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
22 ft
Warehouse Space
6,000 SF
Office Build-Out
1,500 SF
Drive-In Doors
7
Three-Phase Power
Yes
Amenities
4 private offices
reception area
conference room
break room
shower
Building Details
Buildings
1
Building Size
8,750 SF
Listing Agency:
NRG Realty Group
Listed By:
Justin Dodd · License #9004023
(432) 363-4777
Source:
Crexi
Added: Sep 14
Changed: Oct 13
Last Checked: Oct 12 at 9:04PM
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
Investment Insights
Based on property information with market context.
This 8,750 SF flex facility occupies 2.69 acres and combines a 1,500 SF office component with a 6,000 SF shop and 1,250 SF covered wash-bay. The office includes four private offices, reception, a conference room, break room, two restrooms, and a shower. The shop provides 22-foot ceilings and structural support for a crane rated up to 5 tons. Seven 14-by-16-foot overhead doors create three drive-through bays, with an additional drive-in bay serving the wash-bay. Two 1,500-gallon underground poly tanks receive wash-bay drainage.
The property is situated just south of Interstate 20 in Midland, Texas, along a private, low-traffic road recently improved with asphalt millings. The site is fully fenced and secured by two 20-foot rolling gates. Utilities include 3-phase electrical service, a private water well, and septic.
The property is situated just south of Interstate 20 in Midland, Texas, along a private, low-traffic road recently improved with asphalt millings. The site is fully fenced and secured by two 20-foot rolling gates. Utilities include 3-phase electrical service, a private water well, and septic.
Key Highlights
- 8,750 SF flex facility on 2.69 acres
- 1,500 SF office area with four private offices, reception, conference room, break room, two restrooms, and shower
- 6,000 SF shop with 22‑foot ceilings and structural support for a 5‑ton crane
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
NOI $78,487 @ 7.0% cap · market cap 4.98%
Second Best
Flex RnD
$1.10M
$962.3K – $1.28M
NOI $76,986 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M
NOI $144,480 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
22 ft
Clear height
7
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
68
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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial facility combines dedicated office space, a high-clear shop, and a covered wash-bay.
Where is this flex space 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 SF flex facility on 2.69 acres; 1,500 SF office area with four private offices, reception, conference room, break room, two restrooms, and shower; 6,000 SF shop with 22‑foot ceilings and structural support for a 5‑ton crane
