Newly Built Flex Space with
For Sale
$1,400,000
5801 E Loop 250, Midland, TX 79706
Move-in-ready commercial property combining shop space, private offices, restrooms, and support areas.
Property Size3,500 SF
Lot Size10,120.00 Acres
Price / SF$254.55
Days on Market97
Property Features for 5801 E Loop 250
General Information
Standard status
Active
Size
3,500 SF
Lot size
10,120.00 Acres
Additional Details
Clear Height
18 ft
Office Units
4
Amenities
restroom (2 stalls)
washer and dryer connections
2 extra bathrooms
kitchenette
Building Details
Year Built
2025
Buildings
1
Building Size
3,500 SF
Listing Agency:
Black Orchid Real Estate
Listed By:
Leo Salcido · License #0603525
(432) 557-4487
Source:
Billlanier
Added: Jul 10
Changed: Oct 8
Last Checked: Oct 12 at 10:46PM
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.
Completed in 2025, this flex space includes a 3,500-square-foot shop with an 18-foot ceiling, three bay doors, four offices, and multiple restroom areas. The interior also provides a two-stall restroom, two additional bathrooms, washer and dryer connections, and a kitchenette. With a total property size of 5,500 square feet, the layout combines functional work areas with administrative and support space.
The property is located at 5801 E Loop 250 in Midland, Texas, on 10,120 acres. Its configuration includes both operational shop space and finished office amenities, providing a move-in-ready setting for a range of commercial needs.
The property is located at 5801 E Loop 250 in Midland, Texas, on 10,120 acres. Its configuration includes both operational shop space and finished office amenities, providing a move-in-ready setting for a range of commercial needs.
Key Highlights
- New construction completed in 2025
- 3,500‑square‑foot shop with 18‑foot ceiling height
- Three bay doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,528
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,560
$1.3M
Cap Rate 7%
$950,400
$950.4K
Cap Rate 9%
$739,200
$739.2K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$105.6K $19.20/SF
− Vacancy
−$16.9K −$3.07/SF
EGI
$88.7K $16.13/SF
− OpEx
−$22.2K −$4.03/SF
NOI
$66.5K $12.10/SF
Area
Midland, TX
Vacancy
16.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,560
Cap Rate 7%
$950,400
Cap Rate 9%
$739,200
Alternative Uses
Best Use
Office B
$950.4K
$831.6K – $1.11M
NOI $66,528 @ 7.0% cap · market cap 4.75%
Second Best
Warehouse
$855.8K
$748.8K – $998.4K
NOI $59,906 @ 7.0% cap · market cap 4.28%
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
18 ft
Clear height
4
Office units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Bayou Crawfish and Catering — 3415 TX-250 Loop, Midland, TX 79705
Frequently Asked Questions
What type of property is this?
Flex space - Move-in-ready commercial property combining shop space, private offices, restrooms, and support areas.
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 completed in 2025; 3,500‑square‑foot shop with 18‑foot ceiling height; Three bay doors
