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Crane-Ready Flex Space
For Sale
$1,270,000

2810 E County Rd 130, Midland, TX 79706

Secured, fenced property combines private offices with a multi-bay industrial shop and dedicated wash-bay area.

Property Size8,750 SF
Price / SF$145.14
Days on Market89

Property Features for 2810 E County Rd 130

General Information

Standard status Active
Size 8,750 SF

Building Details

Year Built 2024
Listing Agency: NRG Realty Group, LLC
Listed By: Amy Brasher Barnett · License #514276
Source: Rickerlooney
Added: Jul 20 Changed: Oct 4 Last Checked: Oct 15 at 3:20AM

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, LLC

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Investment Insights

Based on property information with market context.

Located at 2810 E County Road 130 in South Midland, this flex property contains 8,750 square feet within a 2.43-acre secured site. The 1,500-square-foot office component includes five private offices, two restrooms, a conference room, and a break room.

The 6,000-square-foot shop is fully insulated and crane ready, with three drive-through bays and one drive-in bay accessed through the wash-bay area. Overhead doors measure 14 feet by 16 feet. A covered 1,250-square-foot wash bay drains to a 350-gallon underground tank. The property is fully fenced and served by 3-Phase power and septic.

Key Highlights

  • 8,750 SF industrial building on 2.43 acres in South Midland
  • 1,500 SF office area with 5 private offices, 2 restrooms, conference room, and break room
  • 6,000 SF fully insulated, crane‑ready shop

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$105,840
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,116,800 $2.1M
Cap Rate 7%
$1,512,000 $1.5M
Cap Rate 9%
$1,176,000 $1.2M
Market Conditions
NOI Build-Up for 8,750 SF
Gross rent
$168.0K $19.20/SF
− Vacancy
−$26.9K −$3.07/SF
EGI
$141.1K $16.13/SF
− OpEx
−$35.3K −$4.03/SF
NOI
$105.8K $12.10/SF
Area
Midland, TX
Vacancy
16.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,116,800
Cap Rate 7%
$1,512,000
Cap Rate 9%
$1,176,000

Alternative Uses

Best Use
Office B
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,840 @ 7.0% cap · market cap 8.33%
Second Best
Industrial
$1.12M
$981.1K – $1.31M (±1% cap)
NOI $78,487 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M (±1% cap)
NOI $144,480 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Secured, fenced property combines private offices with a multi-bay industrial shop and dedicated wash-bay area.
Where is this flex space located?
The property is located at 2810 E County Rd 130 Midland, TX.
What is the asking price?
The asking price for this property is $1,270,000.
What are key features of this property?
This property features: 8,750 SF industrial building on 2.43 acres in South Midland; 1,500 SF office area with 5 private offices, 2 restrooms, conference room, and break room; 6,000 SF fully insulated, crane‑ready shop
More about this property
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