Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Midland Commercial Property on 7 Acres Title is generated by Realmo AI

    3344 County Rd, Midland, TX 79705

    View on Map
    Claim this Listing
    For Sale
    $1,300,000

    COMMERCIAL - Midland, TX

    Property size:
    6,250 SF
    Lot size:
    7.00 Acres
    Price / SF:
    $208/SF
    Added:
    Mar 19, 2026
    Days on Market:
    59
    Last Refresh:
    May 16 at 12:06 pm

    Property Features for 3344 County Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Size
    6,250 SF
    Lot size
    7.00 Acres

    Taxes and HOA fees

    Tax Description
    Acres: 7, LOT: 4, BLK: 4, SEC: 4, BLK: 38-1-S, ADDN: JAZ ESTATES

    Building Details

    Year built
    2025

    We can help!

    Listing Contact
    Emily Merritt

    Listing agent Emily Merritt

    Listing office The Platinum Group RE, LLC TX

    Listing date Mar 19, 2026

    MLS# 50093668

    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.

    HighLights

    • 7‑acre fully caliche‑padded yard suitable for various commercial/industrial uses.
    • Metal building with two drive‑through shop bays (14‑foot doors) and a covered third bay.
    • 1,250 sq. ft. office area with burnt wood paneling, 3 private offices, and a reception/meeting area.
    • Includes a kitchenette, 3 restrooms, and a tool room.
    • Year Built: 2025
    • Versatile commercial property offering ample space for growth.

    Overview

    This versatile commercial property, located in Midland, TX, offers ample space for growth and efficient operation. Situated on 7 acres with a fully caliche-padded yard, the property is suitable for various commercial or industrial uses. The metal building includes two drive-through shop bays with 14-foot doors, along with a covered third bay at the rear, ideal for equipment storage or additional workspace. The 1,250 square feet office area features burnt wood paneling and includes three private offices, a reception or meeting area, a kitchenette, and three restrooms, plus a tool room. The property size is 6,250 square feet.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $840.0K
    NOI $75,600 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.08M
    NOI $75,600 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.51M
    NOI $75,600 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Office B

    Component $ $/SF
    Gross rent $120.0k $19.20
    − Vacancy −$19.2k −$3.07
    EGI $100.8k $16.13
    − OpEx −$25.2k −$4.03
    NOI $75.6k $12.10
    6,250 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $1.08M
    $945.0K – $1.26M (±1% cap)
    NOI $75,600 @ 7.0% cap · market cap 5.82%
    Second Best
    Warehouse
    $972.5K
    $850.9K – $1.13M (±1% cap)
    NOI $68,075 @ 7.0% cap · market cap 5.24%
    Theoretical Best
    Office A
    $1.47M
    $1.29M – $1.72M (±1% cap)
    NOI $103,200 @ 7.0% cap · market cap 7.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -101.9976645
    Latitude
    31.9660852

    Nearby Similar for Sale

    • $871,500
      5,000 SF

      Highly Visible Midland Office Building

      Former state office with high visibility and traffic.
      3900 E Hwy 158, Midland, TX 79706
      View Details
    • $450,000
      3,200 SF

      Midland Commercial Property For Sale

      3,200 SF commercial building with office and gated yard.
      1609 E Taylor, Midland, TX 79701
      View Details
    • $489,000
      3,140 SF

      Midland Shop with Office Space

      Versatile shop with office near Interstate 20 in Midland.
      1317 W County Rd 114, Midland, TX 79706
      View Details
    • $675,000
      4,656 SF

      Versatile Building Near Downtown Midland

      Adaptable 4,656 SF building suitable for various purposes.
      405-407 N Terrell St, Midland, TX 79701
      View Details
    • $2,800,000
      11,000 SF

      Midland Executive Office/Warehouse on Acres

      Class A office/warehouse on 2.23 acres in Midland, TX.
      10804 Hwy 191, Midland, TX 79707
      View Details
    • $2,667,000
      13,640 SF

      Midland Industrial Asset on Acreage

      13,640 SF industrial asset on 3.5 acres near TX-349.
      1113 Dayton Rd, Midland, TX 79706
      View Details
    • $2,500,000
      5,112 SF

      Iconic Building in High-Traffic Area

      Landmark building on heavily trafficked corridor with strong visibility.
      3327 W Wadley Ave, Midland, TX 79707
      View Details
    • $475,000
      4,200 SF

      Two-Story Office Building in Midland

      4,200 SF office building near Business I-20.
      125 N Fort Worth, Midland, TX 79701
      View Details
    • $325,000
      2,000 SF

      Midland Retail Space For Sale

      2,000 SF retail space in prime Midland location.
      1005 N Midkiff Rd, Midland, TX 79701
      View Details
    • $2,200,000
      22,000 SF

      Spacious Midland Flex/Industrial Property

      22,000 SF flex/industrial building on 5 acres in Midland.
      11610 W County Rd 40, Midland, TX 79707
      View Details
    • $1,270,000
      660 SF

      Retail Site in Growing Corridor

      2-acre site with 660 SF building in Midland, TX.
      6213 FM 307, Midland, TX 79706
      View Details
    • $949,900
      7,128 SF

      Former Daycare on Large Lots

      Two lots with over 7,000 sq ft, suitable for daycare.
      1005 Austin St, Midland, TX 79703
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile commercial property on 7 acres with caliche-padded yard.
    Where is this flex space located?
    The property is located at 3344 County Rd Midland, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 7‑acre fully caliche‑padded yard suitable for various commercial/industrial uses.; Metal building with **two drive‑through shop bays (14‑foot doors)** and a covered third bay.; **1,250 sq. ft. office area** with burnt wood paneling, 3 private offices, and a reception/meeting area.
    (806) 336-8059
    We can help!
    Listing Contact
    Emily Merritt
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3344 County Rd, Midland, TX 79705
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!