Metal Flex Building with
4909 E County Rd 60 Midland, TX 79705
4909 E County Rd 60, Midland, TX, 79705
$375,000
For Sale
$375,000
2018-built metal building with office and bathroom on a 2.5-acre site, equipped with septic and well.
Property Size1,600 SF
Lot Size2.50 Acres
Price / SF$234.38
Days on Market19
Property Features for 4909 E County Rd 60
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 2.50 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 2018
Listing agency
(432) 269-4142
Listed by
Heritage Real Estate
(432) 269-4142
Source
Xome
Added: Jul 4 Updated: Jul 21 at 12:54PM Checked: Jul 22 at 3:47AM
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 Heritage Real Estate
Investment Insights
Based on property information with market context.
Versatile 2.5-acre property featuring a 1,600 sq. ft. metal building constructed in 2018. The building includes an office and bathroom, supporting a range of commercial and workspace uses. The property is equipped with a septic system and a drilled water well, and is ready for electric service.
The parcel offers ample space for a business build-out or other custom use, supported by the existing improvements provided by the 2018 structure.
With its office and bathroom configuration and utility infrastructure already in place, the property can accommodate a variety of operational setups within the flexible framework of the site.
The parcel offers ample space for a business build-out or other custom use, supported by the existing improvements provided by the 2018 structure.
With its office and bathroom configuration and utility infrastructure already in place, the property can accommodate a variety of operational setups within the flexible framework of the site.
Key Highlights
- 2018‑built 1,600 SF metal building with an office and bathroom
- 2.5‑acre property with County Road and paved road access
- Equipped with a septic system and a drilled water well
Local 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 | $30.7k | $19.20 |
| − Vacancy | −$4.9k | −$3.07 |
| EGI | $25.8k | $16.13 |
| − OpEx | −$6.5k | −$4.03 |
| NOI | $19.4k | $12.10 |
1,600 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$276.5K
$241.9K – $322.6K
NOI $19,354 @ 7.0% cap · market cap 5.16%
Second Best
Industrial
$205.0K
$179.4K – $239.2K
NOI $14,352 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$377.4K
$330.2K – $440.3K
NOI $26,419 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 2018-built metal building with office and bathroom on a 2.5-acre site, equipped with septic and well.
Where is this flex space located?
The property is located at 4909 E County Rd 60 Midland, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2018‑built 1,600 SF metal building with an office and bathroom; 2.5‑acre property with County Road and paved road access; Equipped with a septic system and a drilled water well
