Industrial Facility with Multiple Roll-Up
For Sale
$1,900,000
3611 Hwy 158, Midland, TX 79705
COMMERCIAL - Midland, TX
Property Size16,273 SF
Lot Size3.00 Acres
Price / SF$116.76
Days on Market54
Property Features for 3611 Hwy 158
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
ME4
Standard status
Active
Size
16,273 SF
Lot size
3.00 Acres
Taxes and HOA fees
Tax Description
Legal: Acres: 3.000, NE/4, SEC: 7, BLK: 38-T2S
Tax Annual Amount
7555
Legal Description
Legal: Acres: 3.000, NE/4, SEC: 7, BLK: 38-T2S
Building Details
Year built
2003
Listing Agency:
The Real Estate Ranch LLC
(432) 688-8200
Listed By:
Morgan Luce
(432) 270-5300
Added: Jun 8
Changed: Jul 22
Last Checked: Jul 31 at 7:06AM
MLS# 50095795
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.
Investment Insights
Based on property information with market context.
This industrial facility for sale or lease includes an office component with seven offices, a reception area, two conference rooms, a break room, storage, and three restrooms. The main shop is equipped with (2) 12' roll-up doors, air lines, gas heat, abundant 110V power, and a 30-amp service.
Additional buildings on the property provide office and storage space, including a 14' motorized roll-up door, upper-level storage, and a 1-ton crane beam. There is also a separate shop featuring a 2.5-ton overhead crane, along with private water well and 1,500-gal storage.
The property is positioned for industrial, oilfield, or fabrication use and is offered with direct access from Highway 158. Call the listing agent for showing details.
Additional buildings on the property provide office and storage space, including a 14' motorized roll-up door, upper-level storage, and a 1-ton crane beam. There is also a separate shop featuring a 2.5-ton overhead crane, along with private water well and 1,500-gal storage.
The property is positioned for industrial, oilfield, or fabrication use and is offered with direct access from Highway 158. Call the listing agent for showing details.
Key Highlights
- Approx. 16,000 SF industrial facility built in 2003 on Hwy 158 in Midland
- Main shop features (2) 12' roll‑up doors, air lines, gas heat, abundant 110V power, and 30‑amp service
- Office amenities include 7 offices, reception area, 2 conference rooms, break room, and 3 restrooms
Financial Insights For Industrial
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 | $220.7k | $13.56 |
| − Vacancy | −$12.1k | −$0.75 |
| EGI | $208.5k | $12.81 |
| − OpEx | −$62.6k | −$3.84 |
| NOI | $146.0k | $8.97 |
16,273 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$2.53M
$2.22M – $2.95M
NOI $177,247 @ 7.0% cap · market cap 9.33%
Second Best
Industrial
$2.09M
$1.82M – $2.43M
NOI $145,968 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$3.84M
$3.36M – $4.48M
NOI $268,700 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
7
Office units
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
1,445
Businesses Nearby
Explore this area
Business Placement
Demographics for 79705, TX
44,138
Population
20,021
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
91%
High-School Grad
79.4 sq mi
ZIP Area
556
Density / Sq Mi
$105,106
Median Household Income
$60,415
Median Earnings
$1,431
Median Rent
$329,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial facility on Highway 158 with 7 offices and multiple shops, including roll-up doors and crane capacity.
Where is this manufacturing property located?
The property is located at 3611 Hwy 158 Midland, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Approx. 16,000 SF industrial facility built in 2003 on Hwy 158 in Midland; Main shop features (2) 12' roll‑up doors, air lines, gas heat, abundant 110V power, and 30‑amp service; Office amenities include 7 offices, reception area, 2 conference rooms, break room, and 3 restrooms
