5900 N County Rd 1142, Midland, TX 79705
Industrial shop with office space and apartments on 4+ acres.
- Added:
- Feb 12, 2026
- Days on Market:
- 118
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 5900 N County Rd 1142
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 4.00 Acres
- Property subtype
- Multifamily, Office, Industrial, Special Purpose
Building Details
- Year Built
- 2019
Listing agent Wayne Dunson License #0539927
Listing office Dunson Real Estate (432) 934-4423
Listing date Feb 12, 2026
Source Crexi
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 Dunson Real Estate
HighLights
- 4+ acre lot with 6" base, perimeter fencing, and multiple access gates.
- Industrial shop featuring 20' ceilings, insulation, air compressor plumbing, and two 14' pull‑through bays.
- Upstairs loft with 4 bedrooms, 2 bathrooms, and individual mini‑splits.
- Three front offices with half bath in shop.
- Two RV spots.
- Paint booth.
Overview
Local 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 | $76.8k | $19.20 |
| − Vacancy | −$12.3k | −$3.07 |
| EGI | $64.5k | $16.13 |
| − OpEx | −$16.1k | −$4.03 |
| NOI | $48.4k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.039
- Latitude
- 32.0538