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Flex Space With Mezzanine Offices
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4807 South County Road 1210, Midland, TX 79706

Office and shop areas provide private offices, conference rooms, storage, and grade-level loading access.

Property Size7,500 SF
Lot Size2.65 Acres
Price / SF$158.67
Days on Market9

Property Features for 4807 South County Road 1210

General Information

Standard status Active
Size 7,500 SF
Lot size 2.65 Acres
Property subtype Office, Industrial
Occupancy 100%
Investment Type Stabilized
Net Operating Income $112,500

Additional Details

Drive-In Doors 5

Amenities

private offices
reception area
conference room
kitchenette
restroom
mezzanine storage
covered front parking

Building Details

Tenancy Single
Listing Agency: Moriah Real Estate Company, LLC
Listed By: Wes Gotcher · License #TX
Source: Crexi
Added: Jul 29 Changed: Aug 5 Last Checked: Aug 6 at 5:47AM

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 Moriah Real Estate Company, LLC

Investment Insights

Based on property information with market context.

This 7,500 SF flex property combines office, shop, and mezzanine components on a 2.65-acre site in Midland, Texas. The main office area provides three private offices, reception space, a conference room, kitchenette, and restroom. The shop includes five grade-level overhead doors, a second restroom, and mezzanine storage with four additional private offices, another conference room, and a restroom.

Covered front parking and an expansive yard support the property's industrial layout. The asset is 100% occupied and positioned near Midland International Air & Space Port, with access to transportation routes serving the Permian Basin. The configuration is suited to industrial, manufacturing, logistics, and oilfield service operations.

Key Highlights

  • 7,500 SF flex property on 2.65 acres
  • 100% occupied industrial investment property
  • Five grade‑level overhead doors in the shop area

Financial Insights For Office B

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 $144.0k $19.20
− Vacancy −$23.0k −$3.07
EGI $121.0k $16.13
− OpEx −$30.2k −$4.03
NOI $90.7k $12.10
7,500 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.30M
$1.13M – $1.51M (±1% cap)
NOI $90,720 @ 7.0% cap · market cap 7.62%
Second Best
Warehouse
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,691 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,840 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Black Diamond Cargo Production Facility

Suggested Use

Top Pick Electrical Service Auto Parts Store Storage Facility Building Supply Veterinary Clinic Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Drive-in doors

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and shop areas provide private offices, conference rooms, storage, and grade-level loading access.
Where is this flex space located?
The property is located at 4807 South County Road 1210 Midland, TX.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: 7,500 SF flex property on 2.65 acres; 100% occupied industrial investment property; Five grade‑level overhead doors in the shop area
(432) 682-2510 Call to check price and availability
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