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Warehouse Flex Facility with Crane
For Lease
$11,563/Mo

5505 S Fm 1788, Midland, TX 79707

7,500 SF flex building includes 6,250 SF warehouse space with a 10-ton crane, plus office, yard, and wash bay.

Space SizeContact for details
Lot Size2.36 Acres
Days on Market34

Property Features for 5505 S Fm 1788

General Information

Standard status Active
Lot size 2.36 Acres

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Heavy Power Yes
Service Bays 1

Building Details

Year Built 2012
Year Renovated 2018
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston
Source: Billlanier
Added: Jul 21 Changed: Aug 23 Last Checked: Aug 22 at 9:01AM

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 LLC

Investment Insights

Based on property information with market context.

This 7,500 SF building was built in 2012 and includes a flex configuration of office and warehouse space. The property features 1,250 SF of office and 6,250 SF of warehouse space with a 10-ton crane. A 650 SF covered wash bay is included, along with a fenced and caliched yard. The space has 3-phase 480V power noted in the remarks.

For access, the property is described as having easy access to I-20 and “Anywhere South.”

Recent improvements are noted in the remarks, including a tenant expansion completed in 2018. The listed items to support readiness include the 10-ton crane, visibility, 3-phase 480V, and wash bay for MSA requirements.

Key Highlights

  • 7,500 SF flex building built in 2012 on 2.36 acres
  • Warehouse features a 10‑ton crane (6,250 SF of warehouse space)
  • 1,250 SF office space included

Property Analytics

Current Use

Veteran Fabrication Inc General Contractor Gradiant Corporation (Midland ... Water Treatment Plant

Suggested Use

Top Pick Electrical Service Pharmacy Building Supply Real Estate Agency Auto Repair Shop Hair Salon

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

1
Service bays
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Midland, TX

$21.84 /SF/Yr
Avg Asking Price
$8.9–$27.5 /SF/Yr
Price Range
10,884 SF
Avg Space Size

This space is priced 15% below the average of $21.84 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Flex space - 7,500 SF flex building includes 6,250 SF warehouse space with a 10-ton crane, plus office, yard, and wash bay.
Where is this flex space located?
The property is located at 5505 S Fm 1788 Midland, TX.
What is the lease rate?
The lease rate is $11,563/Mo.
What are key features of this property?
This property features: 7,500 SF flex building built in 2012 on 2.36 acres; Warehouse features a 10‑ton crane (6,250 SF of warehouse space); 1,250 SF office space included
More about this property
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