Industrial Warehouse with Wash
New
For Sale
$1,490,000
5205 S County Rd 1239, Midland, TX 79707
Commercial Sale, Midland, TX
Property Size8,750 SF
Lot Size3.76 Acres
Price / SF$170.29
Days on Market1
Property Features for 5205 S County Rd 1239
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Subdivision
MS2
Standard status
Active
Size
8,750 SF
Lot size
3.76 Acres
Taxes and HOA fees
Tax Description
Acres: 3.767, Subd: GOLD SANDS, BLK: 005, LOT: 003 , ADDN: GOLD SANDS
Tax Annual Amount
1330
Legal Description
Acres: 3.767, Subd: GOLD SANDS, BLK: 005, LOT: 003 , ADDN: GOLD SANDS
Building Details
Year built
2027
Listing Agency:
NRG Realty Group, LLC
(210) 860-0241
Listed By:
Amy Brasher Barnett, CCIM · License #514276
(432) 352-6714
Added: Nov 3
Last Checked: Nov 3 at 5:06PM
MLS# 50099422
Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Under construction in Midland, Texas, this 8,750-square-foot warehouse occupies 3.76 acres. Its 1,500-square-foot office includes four private offices, two restrooms, a conference room, and a break room. The 6,000-square-foot insulated shop is equipped with a 5-ton crane, three drive-through bays, and a drive-in bay accessed from the wash-bay area. Overhead doors measure 14 feet by 16 feet.
A 1,250-square-foot covered wash bay is planned with drainage to an underground tank. The yard is fenced and secured, with single-phase power and septic service. The listed year built is 2027.
A 1,250-square-foot covered wash bay is planned with drainage to an underground tank. The yard is fenced and secured, with single-phase power and septic service. The listed year built is 2027.
Key Highlights
- 8,750 SF warehouse on 3.76 acres
- 1,500 SF office with four private offices, two restrooms, conference room, and break room
- 6,000 SF insulated shop with one 5‑ton crane
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,306
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,906,120
$1.9M
Cap Rate 7%
$1,361,514
$1.4M
Cap Rate 9%
$1,058,956
$1.1M
Market Conditions
NOI Build-Up for 8,750 SF
Gross rent
$118.7K $13.56/SF
− Vacancy
−$6.5K −$0.75/SF
EGI
$112.1K $12.81/SF
− OpEx
−$16.8K −$1.92/SF
NOI
$95.3K $10.89/SF
Area
Midland, TX
Vacancy
5.50%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,906,120
Cap Rate 7%
$1,361,514
Cap Rate 9%
$1,058,956
Alternative Uses
Best Use
Warehouse
$1.36M
$1.19M – $1.59M
NOI $95,306 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M
NOI $144,480 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79707, TX
37,632
Population
16,654
Households
2.3
Avg Household Size
35
Median Age
41%
College-Educated
91%
High-School Grad
71.0 sq mi
ZIP Area
530
Density / Sq Mi
$99,979
Median Household Income
$58,351
Median Earnings
$1,383
Median Rent
$382,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - A secured, fenced yard supports an industrial facility with office space, a crane-equipped shop, and a covered wash area.
Where is this warehouse located?
The property is located at 5205 S County Rd 1239 Midland, TX.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 8,750 SF warehouse on 3.76 acres; 1,500 SF office with four private offices, two restrooms, conference room, and break room; 6,000 SF insulated shop with one 5‑ton crane
