Industrial Facility with Wash
New
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 Market2
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
(432) 432-7976
Listed By:
Amy Brasher Barnett · License #514276
(432) 352-6714
Added: Oct 2
Last Checked: Oct 3 at 2:06AM
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,487
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
—
—
no second resolved use
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.
Property Analytics
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Current Use
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
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
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Market
Vacancy Rate% for Industrial in South region
Questions? Ask 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
