5914 FM 715, Midland, TX 79706
Office building totaling about 5,580 square feet, offered for sale in Midland, Texas.
- Added:
- Jun 11, 2026
- Days on Market:
- 17
- Last Refresh:
- Jun 20 at 5:49 am
Property Features for 5914 FM 715
General Information
- Standard status
- Active
- Size
- 5,580 SF
- Property subtype
- Office
Building Details
- Year Built
- 2012
Listing office (432) 312-4567
Listing date Jun 11, 2026
Source Xome
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HighLights
- Office building totaling about 5,580 SF in Midland, Texas
- Built in 2012
- Corner lot on a corner, county road, paved road setting
- Includes 3 guest facilities
Overview
Located at 5914 FM 715 in Midland, Texas 79706, the building benefits from being positioned along FM 715. The address provides direct identification for planning, visits, and due diligence.
Because the asset is an office building with a defined square-footage, it can work for a range of office-focused users, including professional services and back-office operations that need dedicated indoor work space. For buyers evaluating small to mid-size office space, the key consideration will be how the available footprint aligns with staffing, departmental layout, and day-to-day operational needs.
The property is currently offered for $1,200,000, providing an opportunity to acquire a Mid-sized office asset in Midland for either owner-occupancy or to evaluate leasing as part of a broader portfolio strategy.
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 | $107.1k | $19.20 |
| − Vacancy | −$17.1k | −$3.07 |
| EGI | $90.0k | $16.13 |
| − OpEx | −$22.5k | −$4.03 |
| NOI | $67.5k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.0261313
- Latitude
- 31.9317341