Unrestricted Insulated Shop
6300 Fm 1213 Midland, TX 79706
6300 Fm 1213, Midland, TX, 79706
$275,000
For Sale
$275,000
Unrestricted property with an insulated 1,600 sq ft shop and frontage on FM 1213.
Property Size1,600 SF
Price / SF$171.88
Days on Market298
Property Features for 6300 Fm 1213
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing Agency
The Real Estate Ranch LLC
(432) 488-6191
Listed by
Ana Montoya · License #0764560
(432) 488-6191
Source
Re1midland
Added: Sep 23, 2025 Checked: Jul 16 at 11:59 am
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 The Real Estate Ranch LLC
Investment Insights
Based on property information with market context.
This unrestricted property includes a 1,600 sq ft insulated shop, designed for storage and a range of business and personal uses. The insulated building provides enclosed space that can support year-round work and storage needs.
The property offers frontage on FM 1213 and is located at 6300 FM 1213 in Midland, Texas. The unrestricted status provides flexibility for buyers seeking a commercially oriented site for their operations or other intended uses.
If you’re looking for a straightforward, versatile warehouse-style shop with frontage, this offering is positioned to accommodate a variety of plans consistent with its unrestricted designation.
The property offers frontage on FM 1213 and is located at 6300 FM 1213 in Midland, Texas. The unrestricted status provides flexibility for buyers seeking a commercially oriented site for their operations or other intended uses.
If you’re looking for a straightforward, versatile warehouse-style shop with frontage, this offering is positioned to accommodate a variety of plans consistent with its unrestricted designation.
Key Highlights
- Unrestricted property—open to a wide range of business and personal uses
- Frontage on FM 1213
- 1,600 sq ft insulated shop
Local Financial Insights For Warehouse
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 | $21.7k | $13.56 |
| − Vacancy | −$1.2k | −$0.75 |
| EGI | $20.5k | $12.81 |
| − OpEx | −$3.1k | −$1.92 |
| NOI | $17.4k | $10.89 |
1,600 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$249.0K
$217.8K – $290.5K
NOI $17,427 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.4K
$330.2K – $440.3K
NOI $26,419 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Unrestricted property with an insulated 1,600 sq ft shop and frontage on FM 1213.
Where is this warehouse located?
The property is located at 6300 Fm 1213 Midland, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Unrestricted property—open to a wide range of business and personal uses; Frontage on FM 1213; 1,600 sq ft insulated shop
