Industrial Warehouse with
2716 S County Road 1207 Midland, TX 79706
2716 S County Road 1207, Midland, TX, 79706
$2,463,157
For Sale
$2,463,157
15,000 SF industrial facility with office and multiple shop areas, including bay doors and a loading dock.
Property Size15,000 SF
Lot Size1.00 Acre
Price / SF$164.21
Days on Market30
Property Features for 2716 S County Road 1207
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Lot size
- 1.00 Acre
- Property subtype
- Industrial - Warehouse/Distribution
Building Details
- Year Built
- 1980
Listing agency
NRG Realty Group
(432) 895-5656
Listed by
Dakota Flowers · License #823743
Source
Commercialcafe
Added: Jun 23 Updated: Jul 22 at 6:26PM Checked: Jul 22 at 6:26PM
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 15,000 SF industrial property on a 1-acre lot includes an office area and two shop areas for industrial operations. The office space totals 2,000 SF and features three private offices, an IT closet, a warehouse office, and two restrooms. The primary 8,000 SF shop has an 18’ eave height and nine 14’ x 16’ bay doors, including four electric doors and one drive-through bay. A secondary 5,000 SF shop/dock area includes a new loading dock, four dock loads, and ceiling heights of 19’ and 22’, along with an overhead door in a separate section.
The property was built in 1980 and renovated in late 2022 to early 2023, with additional dock building completion in 2025. Updates include a new water heater, HVAC system, and updated ceiling panels. Site services are provided by a septic system and water well.
Cavalier Couriers LLC occupies the property under a 5-year lease starting at $19,500 per month with annual 3% escalations. The transaction is structured as an NNN-style arrangement as described in the provided materials.
The property was built in 1980 and renovated in late 2022 to early 2023, with additional dock building completion in 2025. Updates include a new water heater, HVAC system, and updated ceiling panels. Site services are provided by a septic system and water well.
Cavalier Couriers LLC occupies the property under a 5-year lease starting at $19,500 per month with annual 3% escalations. The transaction is structured as an NNN-style arrangement as described in the provided materials.
Key Highlights
- 15,000 SF industrial property on a 1‑acre lot near I‑20 and S Midkiff Rd intersection in Midland, TX
- Built in 1980; renovated in late 2022 to early 2023 (dock building completed in 2025)
- 2,000 SF office area with three private offices, IT closet, warehouse office, and 2 restrooms
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
NOI $163,381 @ 7.0% cap · market cap 6.63%
Second Best
Industrial
$1.92M
$1.68M – $2.24M
NOI $134,549 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$3.54M
$3.10M – $4.13M
NOI $247,680 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cavalier Couriers Inc.
Courier Service
Pipe Pro's LLC
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Distribution center - 15,000 SF industrial facility with office and multiple shop areas, including bay doors and a loading dock.
Where is this distribution center located?
The property is located at 2716 S County Road 1207 Midland, TX.
What is the asking price?
The asking price for this property is $2,463,157.
What are key features of this property?
This property features: 15,000 SF industrial property on a 1‑acre lot near I‑20 and S Midkiff Rd intersection in Midland, TX; Built in 1980; renovated in late 2022 to early 2023 (dock building completed in 2025); 2,000 SF office area with three private offices, IT closet, warehouse office, and 2 restrooms
