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Turnkey Office/Shop in Midland, TX

3717 S County Rd 1232, Midland, TX

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For Sale

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New 11,600 SF office/shop with yard on South Loop 250.

Type:INDUSTRIAL

Property size:

11,600 SF

Lot size:

1.50 Acres

Price / SF:

$206/SF

HighLights

Prime location on South Loop 250 (Antelope Trail), one of the first buildings south of I‑20.
Turnkey office/shop, brand new and ready for immediate occupancy.
Features 11,600 sqft with potential for further expansion on a 2‑4 acre yard.
Functional design with 2 pull‑thru bays, four cross‑docked grade‑level roll‑up doors, 12 offices, conference room, kitchen/break room, and multiple storage rooms.
Gated yard with electric gate for controlled access and security.
Includes ADA bathrooms, shop bathroom with shower, mop sink, covered entrance, and covered windows.

We can help!

Listing Contact

Thomas Johnston

Learn more

For Sale

Contact for pricing

New 11,600 SF office/shop with yard on South Loop 250.

Type:INDUSTRIAL

Property size:

11,600 SF

Lot size:

1.50 Acres

Price / SF:

$206/SF

Added:: Apr 28, 2025
Days on Market:: 409
Last Refresh:: May 20 at 9:42 pm

Property Features for 3717 S County Rd 1232

General Information

Standard status: Active
Size: 11,600 SF
Lot size: 1.50 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Thomas Johnston

Listing agent Thomas Johnston License #542176

Listing office The Real Estate Ranch

Listing date Apr 28, 2025

Source Moodyscre

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

HighLights

Prime location on South Loop 250 (Antelope Trail), one of the first buildings south of I‑20.
Turnkey office/shop, brand new and ready for immediate occupancy.
Features 11,600 sqft with potential for further expansion on a 2‑4 acre yard.
Functional design with 2 pull‑thru bays, four cross‑docked grade‑level roll‑up doors, 12 offices, conference room, kitchen/break room, and multiple storage rooms.
Gated yard with electric gate for controlled access and security.
Includes ADA bathrooms, shop bathroom with shower, mop sink, covered entrance, and covered windows.

Overview

This turnkey office and shop space is located in the Permian Basin, offering a prime location on South Loop 250, also known as Antelope Trail. Situated just south of I-20 and barely outside city limits in a 100% county location, this property features an expandable 11,600 square feet of space. The building includes two pull-through bays and four cross-docked grade-level roll-up doors. The gated 2-4 acre yard, accessible via an electric gate, provides ease of access from Antelope Trail. The property features a covered entrance and covered windows. Inside, there are 12 offices, a kitchen/break room, a conference room, a mop sink, ADA-compliant bathrooms, a shop bathroom with a shower, and multiple storage rooms. This property is intended for use as office and shop space.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$222.7k	$19.20
− Vacancy	−$35.6k	−$3.07
EGI	$187.1k	$16.13
− OpEx	−$46.8k	−$4.03
NOI	$140.3k	$12.10

11,600 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.00M

$1.75M – $2.34M (±1% cap)

NOI $140,314 @ 7.0% cap · market cap 5.85%

Second Best

Warehouse

$1.80M

$1.58M – $2.11M (±1% cap)

NOI $126,348 @ 7.0% cap · market cap 5.26%

Theoretical Best

Office A

$2.74M

$2.39M – $3.19M (±1% cap)

NOI $191,539 @ 7.0% cap · market cap 7.98%

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

Location Intelligence

Current Use by Public Records

Flex space

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Map

City: Midland
County: Midland
State: Texas
Longitude: -102.081
Latitude: 31.9917

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For sale
Flex space
TX
Midland
3717 S County Rd 1232

What type of property is this?

Flex space - New 11,600 SF office/shop with yard on South Loop 250.

Where is this flex space located?

The property is located at 3717 S County Rd 1232 Midland, TX.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: Prime location on South Loop 250 (Antelope Trail), one of the first buildings south of I‑20.; Turnkey office/shop, brand new and ready for immediate occupancy.; Features 11,600 sqft with potential for further expansion on a 2‑4 acre yard.

3717 S County Rd 1232, Midland, TX

New 11,600 SF office/shop with yard on South Loop 250.

Property Features for 3717 S County Rd 1232

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Sale

Highly Visible Midland Office Building

Spacious Midland Flex/Industrial Property

Midland Commercial Property on 2.85 Acres

Midland Commercial Property on Corner

Multi-Building Industrial Flex Complex

Midland Industrial Asset on Acreage

Iconic Building in High-Traffic Area

Retail Site in Growing Corridor

New Construction Retail and Office

Premium Office and Warehouse Space

Freestanding Retail Building on Wadley

Versatile Building Near Downtown Midland

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