Crane-Equipped Industrial
3707 S County Rd 1210, Midland, TX 79706
For Sale
Contact for pricing
Overhead lifting equipment and an interior wash-bay support equipment handling and cleaning.
Property Size27,488 SF
Lot Size6.00 Acres
Price / SF$105.32
Days on Market46
Property Features for 3707 S County Rd 1210
General Information
Standard status
Size
Lot size
Property subtype
Warehouse & Industrial
Warehouse Space
Office Build-Out
Voltage
Three-Phase Power
Additional Details
Fenced Yard
Property Use
Amenities
Conference room
Kitchen/Break room
Locker room with shower
Wash-bay
Building Details
Buildings
Building Size
Listing Agency:
NRG Realty Group
Listed By:
Justin Dodd · License TX #9004023
(432) 363-4777
Source:
Crexi
Added: Sep 28
Changed: Nov 10
Last Checked: Nov 12 at 6:41AM
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
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Investment Insights
Based on property information with market context.
This 27,488-square-foot industrial warehouse includes 3,136 square feet of office space and 24,352 square feet of shop area. The office layout has a lobby, reception area, seven private offices, a conference room, a kitchen and break room, and men's and women's restrooms. The shop contains a separate break area, storage mezzanine, and locker room with restrooms and a shower. A trench drain serves an interior wash-bay enclosed by CMU walls. Lifting equipment includes two 5-ton cranes and four jib cranes; five overhead doors range from 12 to 16 feet.
The property occupies a 6-acre stabilized caliche lot on the south side of Midland, Texas. It is fully fenced, has two entrances, and is served by 3-phase, 480V power. No zoning restrictions are stated.
The property occupies a 6-acre stabilized caliche lot on the south side of Midland, Texas. It is fully fenced, has two entrances, and is served by 3-phase, 480V power. No zoning restrictions are stated.
Key Highlights
- 27,488‑square‑foot facility with 24,352 square feet of warehouse space and 3,136 square feet of offices
- Two 5‑ton cranes and four jib cranes in the shop
- Interior CMU‑enclosed wash‑bay with trench drain
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$246,566
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,931,320
$4.9M
Cap Rate 7%
$3,522,371
$3.5M
Cap Rate 9%
$2,739,622
$2.7M
Market Conditions
NOI Build-Up for 27,488 SF
Gross rent
$372.7K $13.56/SF
− Vacancy
−$20.5K −$0.75/SF
EGI
$352.2K $12.81/SF
− OpEx
−$105.7K −$3.84/SF
NOI
$246.6K $8.97/SF
Area
Midland, TX
Vacancy
5.50%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,931,320
Cap Rate 7%
$3,522,371
Cap Rate 9%
$2,739,622
Alternative Uses
Best Use
Warehouse
$4.28M
$3.74M – $4.99M
NOI $299,401 @ 7.0% cap · market cap 10.34%
Second Best
Industrial
$3.52M
$3.08M – $4.11M
NOI $246,566 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$6.48M
$5.67M – $7.56M
NOI $453,882 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$280,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Midland, TX
Properties on Market for Warehouses in Midland
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- E-Z Local Moving Inc. — 3415 S County Rd 1214, Midland, TX 79706
Frequently Asked Questions
What type of property is this?
Warehouse - Overhead lifting equipment and an interior wash-bay support equipment handling and cleaning.
Where is this warehouse located?
The property is located at 3707 S County Rd 1210 Midland, TX.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: 27,488‑square‑foot facility with 24,352 square feet of warehouse space and 3,136 square feet of offices; Two 5‑ton cranes and four jib cranes in the shop; Interior CMU‑enclosed wash‑bay with trench drain
