4912 S County Road 1172, Midland, TX 79706
4000 sqft shop, 1000 sqft office on 3 acres.
- Added:
- Jan 16, 2026
- Days on Market:
- 145
- Last Refresh:
- Jan 20 at 10:53 am
Property Features for 4912 S County Road 1172
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 3.00 Acres
Listing agent Conrado Vasquez (432) 290-5911
Listing office Heritage Real Estate (432) 290-5911
Listing date Jan 16, 2026
Source Exprealty
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
HighLights
- Spacious 4000 sqft shop with four overhead doors.
- 3 acres of land with easy access to HWY 158 and FM 715.
- Three‑phase electrical infrastructure with 5‑ton crane capacity support.
- 1000 sqft office space with reception area, two private offices, copy/storage room, kitchen/break room, and two restrooms.
- Privately owned water well.
- Septic system.
Overview
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 | $96.0k | $19.20 |
| − Vacancy | −$15.4k | −$3.07 |
| EGI | $80.6k | $16.13 |
| − OpEx | −$20.2k | −$4.03 |
| NOI | $60.5k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.034
- Latitude
- 31.9442
