New Flex Warehouse with Fenced
For Sale
$1,400,000
5801 E Loop 250, Midland, TX 79706
New 2025 shop includes three bay doors, 18-foot height, and a fenced yard with water well service capacity.
Property Size5,500 SF
Price / SF$254.55
Days on Market121
Property Features for 5801 E Loop 250
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Commercial
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
3
Additional Details
Fenced Yard
Yes
Office Units
4
Taxes and HOA fees
Annual Taxes
$423
Building Details
Building Size
5,500 SF
Year Built
2025
Buildings
1
Stories
1
Listing Agency:
Black Orchid Real Estate
(432) 557-4487
Listed By:
Leo Salcido · License #0603525
(432) 557-4487
Source:
Re1midland
Added: Apr 26
Changed: Aug 23
Last Checked: Aug 22 at 1:28PM
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 Black Orchid Real Estate
Investment Insights
Based on property information with market context.
New construction completed in 2025, featuring a flex-style warehouse/shop with approximately 3,500 square feet and 18-foot clear height. The shop is about 110 square feet wide and includes three bay doors, a fenced yard, and an equipment storage room supported by a water well with a 33-gallon-per-minute capacity. The building also includes an office space of approximately 2,000 square feet with four offices, a conference room, a kitchenette, and a dedicated area for additional equipment storage. Residential-style convenience is supported by in-office washer and dryer connections, along with one bathroom in the shop with two stalls and two bathrooms in the office area, including an additional water well serviced setup.
The property is offered for sale at 5801 E Loop 250 N in Midland, TX. It includes both interior flex improvements and outdoor enclosure in the form of a fenced yard.
The property is offered for sale at 5801 E Loop 250 N in Midland, TX. It includes both interior flex improvements and outdoor enclosure in the form of a fenced yard.
Key Highlights
- New construction shop built in 2025
- 3,500 SF shop with 18‑ft height and 110 SF width
- 3‑bay door setup
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,906
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,198,120
$1.2M
Cap Rate 7%
$855,800
$855.8K
Cap Rate 9%
$665,622
$665.6K
Market Conditions
NOI Build-Up for 5,500 SF
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.
Gross rent
$74.6K $13.56/SF
− Vacancy
−$4.1K −$0.75/SF
EGI
$70.5K $12.81/SF
− OpEx
−$10.6K −$1.92/SF
NOI
$59.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,198,120
Cap Rate 7%
$855,800
Cap Rate 9%
$665,622
Alternative Uses
Best Use
Warehouse
$855.8K
$748.8K – $998.4K
NOI $59,906 @ 7.0% cap · market cap 4.28%
Second Best
Industrial
$704.8K
$616.7K – $822.3K
NOI $49,335 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$1.30M
$1.14M – $1.51M
NOI $90,816 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
3
Drive-in doors
4
Office units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Bayou Crawfish and Catering — 3415 TX-250 Loop, Midland, TX 79705
Frequently Asked Questions
What type of property is this?
Flex space - New 2025 shop includes three bay doors, 18-foot height, and a fenced yard with water well service capacity.
Where is this flex space located?
The property is located at 5801 E Loop 250 Midland, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: New construction shop built in 2025; 3,500 SF shop with 18‑ft height and 110 SF width; 3‑bay door setup
