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    Midland Warehouse with Extensive Shop Title is generated by Realmo AI

    2716 S County Rd 1207, Midland, TX

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    15,000 SF warehouse with office and shop space.

    Type:INDUSTRIAL
    Property size:
    15,000 SF
    Lot size:
    1.00 Acres
    Price / SF:
    $173/SF
    Added:
    Aug 18, 2025
    Days on Market:
    297
    Last Refresh:
    May 20 at 8:44 pm

    Property Features for 2716 S County Rd 1207

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Lot size
    1.00 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Justin Dodd
    Justin Dodd

    Listing agent Justin Dodd License #9004023

    Listing office NRG Realty Group - Dallas/Fort Worth

    Listing date Aug 18, 2025

    Source Moodyscre

    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 - Dallas/Fort Worth

    HighLights

    • 15,000 SF total space on 1 acre
    • Featuring an 8,000 SF Shop with 18’ Height
    • (9) 14’x16’ Grade‑Level Doors
    • 5,000 SF Secondary Shop with 22’ Eave Height
    • (4) Dock‑High Doors
    • Includes 2,000 SF Office Space

    Overview

    This property features a 15,000-square-foot building situated on a 1-acre lot. The structure includes 2,000 square feet of office space, containing 3 private offices, an IT closet, 2 restrooms, and a separate shop office. The shop area measures 8,000 square feet with dimensions of 160 feet in length by 50 feet in width and a height of 18 feet. It is equipped with nine 14-foot by 16-foot grade-level doors. Additionally, there is a 5,000-square-foot secondary shop with an eave height of 22 feet, accessible via four dock-high doors. The property utilizes a septic system and a water well. The lease term is 60 months, with a 9% cap rate.

    Local 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 $203.4k $13.56
    − Vacancy −$11.2k −$0.75
    EGI $192.2k $12.81
    − OpEx −$28.8k −$1.92
    NOI $163.4k $10.89
    15,000 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.33M
    $2.04M – $2.72M (±1% cap)
    NOI $163,381 @ 7.0% cap · market cap 6.28%
    Second Best
    Industrial
    $1.92M
    $1.68M – $2.24M (±1% cap)
    NOI $134,549 @ 7.0% cap · market cap 5.17%
    Theoretical Best
    Office A
    $3.54M
    $3.10M – $4.13M (±1% cap)
    NOI $247,680 @ 7.0% cap · market cap 9.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cavalier Couriers Inc. Courier Service Pipe Pro's LLC Corporate Office

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Department Store Kitchen & Bath Showroom Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • PermianLide — 2701 i-20, odessa, tx 79766

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.101
    Latitude
    31.9624

    FAQs

    What type of property is this?
    Warehouse - 15,000 SF warehouse with office and shop space.
    Where is this warehouse located?
    The property is located at 2716 S County Rd 1207 Midland, TX.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: 15,000 SF total space on 1 acre; Featuring an **8,000 SF Shop with 18’ Height**; (9) 14’x16’ Grade‑Level Doors
    (214) 534-7976 Call to check price and availability
    More about this property
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