Midland Warehouse with Extensive
For Sale
Contact for pricing
2716 S County Rd 1207, Midland, TX
15,000 SF warehouse with office and shop space.
Property Size15,000 SF
Lot Size1.00 Acres
Price / SF$173.33
Days on Market348
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
Listing Agency:
NRG Realty Group - Dallas/Fort Worth
(214) 534-7976
Listed By:
Justin Dodd · License #9004023
(214) 534-7976
Source:
Moodyscre
Added: Aug 18, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:44AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 15,000 SF total space on 1 acre
- Featuring an 8,000 SF Shop with 18’ Height
- (9) 14’x16’ Grade‑Level Doors
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
NOI $163,381 @ 7.0% cap · market cap 6.28%
Second Best
Industrial
$1.92M
$1.68M – $2.24M
NOI $134,549 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$3.54M
$3.10M – $4.13M
NOI $247,680 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Midland
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
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
