5900 N County Rd 1142, Midland, TX 79705
- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 27 at 9:06 pm
Property Features for 5900 N County Rd 1142
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 4.15 Acres
Taxes and HOA fees
- Tax Description
- See Exhibit A in Documents for Tracts 1 & 2
- Tax Annual Amount
- 6177
Building Details
- Year built
- 2019
Listing agent Wayne Dunson License #0539927 (432) 362-3399
Listing office Dunson Real Estate 2817 JBS Parkway, Ste E21, Odessa, TX (432) 362-3399
Listing date Jun 23, 2026
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.
HighLights
- Industrial shop built in 2019 on just over 4 acres
- Fully perimeter fenced with chain link and barbed wire; acreage has 6" base material
- Corner lot with 3 gates providing multiple access points
- Shop features 20' ceilings, insulated, 2 pull‑through bays with 14' doors, and is plumbed for an air compressor
- Upstairs loft includes 4 bedrooms and 2 bathrooms, with each room having its own mini split
- Additional features include 2 RV spots and a paint booth
Overview
Set on just over 4 acres, the property has approximately 6" of base material and is fully perimeter fenced with chain link and barbed wire. Located on a corner, it provides multiple points of access through three gates, supporting convenient movement for equipment and vehicles.
For buyers seeking an owner-operator setup, this layout can support on-site work, office administration, and lodging in the same facility. The combination of shop functionality, built-in office space, and apartments/loft living may also appeal to operators who want to consolidate work and residential needs, rather than leasing separate locations.
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
- -101.9996928
- Latitude
- 31.964427
