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Midland Industrial Facility with Cranes

3707 S County Rd 1210 Midland, TX 79706

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27,488 SF industrial facility with cranes on 6 acres.

Type:Industrial
Property size:
27,488 SF
Lot size:
6.00 Acres
Price / SF:
$121/SF
Added:
Jul 8, 2024
Days on Market:
734
Last Refresh:
May 12 at 10:49 pm

Property Features for 3707 S County Rd 1210

General Information

Standard status
Active
Size
27,488 SF
Lot size
6.00 Acres
Property subtype
Industrial

Building Details

Year Built
2014

Listing office NRG Realty Group

Listing date Jul 8, 2024

Source Crexi

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


Investment Insights

Based on property information with market context.

This 27,488 square foot industrial facility is located on the south side of Midland, Texas. The property includes 3,136 square feet of office space, featuring a lobby, reception area, seven private offices, a kitchen/break room, a conference room, and men's and women's restrooms. The 24,352 square foot warehouse space is equipped with two 5-ton cranes, four jib cranes, and five overhead doors ranging from 12 to 16 feet in height. The shop area also contains a separate kitchen/break room, a mezzanine for storage, and a locker room with restrooms and a shower. A trench drain connects to an interior wash-bay, which is surrounded by concrete masonry unit (CMU) walls. The cranes facilitate the lifting of equipment into the wash-bay for cleaning. The property sits on a 6-acre lot of stabilized caliche, and is fully fenced with two entrances. The property has no zoning restrictions and is serviced by 3-Phase/480V power.

Key Highlights

  • 24,352 SF warehouse space with (2) 5‑ton cranes and (4) jib cranes
  • 6 Acre lot of stabilized caliche, fully fenced with 2 entrances
  • No zoning restrictions and serviced by 3‑Phase/480V power

Local 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 $372.7k $13.56
− Vacancy −$20.5k −$0.75
EGI $352.2k $12.81
− OpEx −$105.7k −$3.84
NOI $246.6k $8.97
27,488 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Industrial
$3.52M
$3.08M – $4.11M (±1% cap)
NOI $246,566 @ 7.0% cap · market cap 7.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.48M
$5.67M – $7.56M (±1% cap)
NOI $453,882 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Aim Directional Services Construction Company

Suggested Use

Building Supply Big Box & Wholesale Store Restaurant Storage Facility Plumbing Service Furniture & Home Goods Nail Salon Home Appliance Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Industrial property - 27,488 SF industrial facility with cranes on 6 acres.
Where is this industrial property 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 $3,350,000.
What are key features of this property?
This property features: 24,352 SF warehouse space with **(2) 5‑ton cranes and (4) jib cranes**; 6 Acre lot of stabilized caliche, fully fenced with 2 entrances; No zoning restrictions and serviced by 3‑Phase/480V power
Contact an agent
(432) 363-4777 Call to check price and availability
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