New Construction Retail and
For Sale
$1,400,000
5801 E Loop 250, Midland, TX 79706
SINGLE_FAMILY - Midland, TX
Property Size5,500 SF
Lot Size3.32 Acres
Price / SF$254.55
Days on Market98
Property Features for 5801 E Loop 250
General Information
Property type
Residential
Property subtype
Retail
Property condition
Under Construction
Subdivision
38-T1S
Standard status
Active
Size
5,500 SF
Lot size
3.32 Acres
Taxes and HOA fees
Tax Description
ACRES: 3.320, SE/4, SEC:34, BLK:38-T1S
Tax Annual Amount
423
Legal Description
ACRES: 3.320, SE/4, SEC:34, BLK:38-T1S
Building Details
Year built
2025
Listing Agency:
Black Orchid Real Estate
(432) 813-3538
Listed By:
Leo Salcido · License #0603525
(432) 557-4487
Added: Apr 26
Last Checked: Aug 1 at 4:06AM
MLS# 50094626
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.
Investment Insights
Based on property information with market context.
This new construction property, built in 2025, features a 3,500-square-foot shop with an 18-foot height, 110-foot width, three bay doors, and a bathroom with two stalls and washer and dryer connections. The office space offers 2,000 square feet, including four offices, a conference room, a kitchenette, two bathrooms, and an equipment storage room. The property includes a water well producing 33 gallons per minute and a fenced yard. The property is located in Midland, Texas, and has a lot size of 3.32 acres.
Key Highlights
- New construction built in 2025
- Shop with 3,500 sq ft, 18 ft height, and 3 bay doors
- Office space with 2,000 sq ft, 4 offices, and conference room
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 | $105.6k | $19.20 |
| − Vacancy | −$16.9k | −$3.07 |
| EGI | $88.7k | $16.13 |
| − OpEx | −$22.2k | −$4.03 |
| NOI | $66.5k | $12.10 |
5,500 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$950.4K
$831.6K – $1.11M
NOI $66,528 @ 7.0% cap · market cap 4.75%
Second Best
Retail
$767.3K
$671.4K – $895.1K
NOI $53,708 @ 7.0% cap · market cap 3.84%
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
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New construction retail and office space in Midland, Texas.
Where is this retail 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 built in 2025; Shop with **3,500 sq ft**, **18 ft height**, and **3 bay doors**; Office space with **2,000 sq ft**, 4 offices, and conference room
