Manufacturing Facility with Overhead
For Sale
$1,500,000
3619 Hwy 158, Midland, TX 79705
Industrial facility with offices, production support areas, overhead cranes, and secured outdoor yard space.
Property Size12,648 SF
Lot Size1.50 Acres
Price / SF$118.60
Days on Market67
Property Features for 3619 Hwy 158
General Information
Standard status
Active
Size
12,648 SF
Lot size
1.50 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Three-Phase Power
Yes
Amenities
reception area
break room
conference rooms
Building Details
Year Built
2009
Building Size
12,648 SF
Listing Agency:
The Real Estate Ranch LLC
Listed By:
Morgan Luce · License #0542176
(432) 270-5300
Source:
Hauspg
Added: Aug 9
Changed: Oct 7
Last Checked: Oct 13 at 1:07AM
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 The Real Estate Ranch LLC
Investment Insights
Based on property information with market context.
Built in 2009, this 12,648-square-foot manufacturing facility occupies 1.5 acres along Hwy 158 in Midland. The building combines office space with a reception area, break room, conference rooms, multiple restrooms, and production-oriented improvements. Two 5-ton overhead cranes, a crane beam, air lines, 3-phase power, abundant 110V outlets, and 30-amp plugs support industrial operations.
Multiple 12'-16' roll-up doors connect the facility to a secured yard suitable for equipment and fleet parking. The property also includes a private water well with 1,500-gal storage tank. Highway frontage provides direct exposure along Hwy 158, while the enclosed yard and available outdoor area add functional capacity for manufacturing, fabrication, service, or logistics operations.
Multiple 12'-16' roll-up doors connect the facility to a secured yard suitable for equipment and fleet parking. The property also includes a private water well with 1,500-gal storage tank. Highway frontage provides direct exposure along Hwy 158, while the enclosed yard and available outdoor area add functional capacity for manufacturing, fabrication, service, or logistics operations.
Key Highlights
- 12,648 SF industrial facility on 1.5 AC
- Two 5‑ton overhead cranes with crane beam
- 3‑phase power, air lines, 110V outlets, and 30‑amp plugs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,763
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,755,260
$2.8M
Cap Rate 7%
$1,968,043
$2.0M
Cap Rate 9%
$1,530,700
$1.5M
Market Conditions
NOI Build-Up for 12,648 SF
Gross rent
$171.5K $13.56/SF
− Vacancy
−$9.4K −$0.75/SF
EGI
$162.1K $12.81/SF
− OpEx
−$24.3K −$1.92/SF
NOI
$137.8K $10.89/SF
Area
Midland, TX
Vacancy
5.50%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,755,260
Cap Rate 7%
$1,968,043
Cap Rate 9%
$1,530,700
Alternative Uses
Best Use
Warehouse
$1.97M
$1.72M – $2.30M
NOI $137,763 @ 7.0% cap · market cap 9.18%
Second Best
Industrial
$1.62M
$1.42M – $1.89M
NOI $113,452 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$2.98M
$2.61M – $3.48M
NOI $208,844 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
54
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 with offices, production support areas, overhead cranes, and secured outdoor yard space.
Where is this manufacturing property located?
The property is located at 3619 Hwy 158 Midland, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 12,648 SF industrial facility on 1.5 AC; Two 5‑ton overhead cranes with crane beam; 3‑phase power, air lines, 110V outlets, and 30‑amp plugs
