Industrial Shop with Office,
For Sale
Contact for pricing
5900 N County Rd 1142, Midland, TX 79705
Industrial shop with office space and apartments on 4+ acres.
Property Size4,000 SF
Lot Size4.00 Acres
Price / SF$162.50
Days on Market169
Property Features for 5900 N County Rd 1142
General Information
Standard status
Active
Size
4,000 SF
Lot size
4.00 Acres
Property subtype
Special Purpose
Building Details
Year Built
2019
Listing Agency:
Dunson Real Estate
(432) 934-4423
Listed By:
Wayne Dunson · License #0539927
Source:
Crexi
Added: Feb 12
Changed: Jul 10
Last Checked: Jul 30 at 4:02AM
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
Investment Insights
Based on property information with market context.
This mixed-use property features an industrial shop with office space and apartments, situated on just over 4 acres. The acreage is covered with 6 inches of base material and is fully perimeter fenced with chain link and barbed wire. Located on a corner lot, the property includes 3 gates for multiple access points. The shop area contains 3 offices at the front, along with a half bath. The shop itself is insulated, features 20-foot ceilings, and is plumbed for an air compressor. It also has 2 pull-through bays with 14-foot doors. The upstairs loft includes 4 bedrooms and 2 bathrooms, each equipped with its own mini-split system. Additionally, the property offers 2 RV spots and a paint booth. The building size is 4000 square feet.
Key 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.
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 |
4,000 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$691.2K
$604.8K – $806.4K
NOI $48,384 @ 7.0% cap · market cap 7.44%
Second Best
Mixed Use
$682.5K
$597.2K – $796.3K
NOI $47,775 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$943.5K
$825.6K – $1.10M
NOI $66,048 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 79705, TX
44,138
Population
20,021
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
91%
High-School Grad
79.4 sq mi
ZIP Area
556
Density / Sq Mi
$105,106
Median Household Income
$60,415
Median Earnings
$1,431
Median Rent
$329,300
Median Home Value
Market
Properties on Market for Mixed-use properties in Midland
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Industrial shop with office space and apartments on 4+ acres.
Where is this mixed-use property located?
The property is located at 5900 N County Rd 1142 Midland, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 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.
