Five-Building Warehouse
For Sale
Contact for pricing
7500 W Hwy 80, Midland, TX 79706
Multi-building warehouse property with Highway 80 access and a substantial acreage footprint.
Property Size41,913 SF
Lot Size44.30 Acres
Price / SF$143.51
Days on Market22
Property Features for 7500 W Hwy 80
General Information
Standard status
Active
Size
41,913 SF
Lot size
44.30 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
5
Listing Agency:
Moriah Brokerage Services
(432) 682-2510
Listed By:
Wes Gotcher · License #723150
Source:
Moodyscre
Added: Aug 10
Changed: Aug 29
Last Checked: Aug 31 at 2:42AM
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 Moriah Brokerage Services
Investment Insights
Based on property information with market context.
This warehouse property comprises 41,913 square feet across five buildings on 44.3 acres. The improvements are positioned along Highway 80, providing access within the Midland–Odessa corridor and a configuration that includes multiple warehouse structures.
The property is located 2.5 miles from Midland International Airport. A planned extension of S CR 1250 is identified as a future improvement that will provide secondary access to the rear warehouse.
The property is located 2.5 miles from Midland International Airport. A planned extension of S CR 1250 is identified as a future improvement that will provide secondary access to the rear warehouse.
Key Highlights
- 41,913‑square‑foot warehouse property on 44.3 acres
- Five buildings included on the property
- Frontage along Highway 80 in Midland
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$456,519
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,130,380
$9.1M
Cap Rate 7%
$6,521,700
$6.5M
Cap Rate 9%
$5,072,433
$5.1M
Market Conditions
NOI Build-Up for 41,913 SF
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.
Gross rent
$568.3K $13.56/SF
− Vacancy
−$31.3K −$0.75/SF
EGI
$537.1K $12.81/SF
− OpEx
−$80.6K −$1.92/SF
NOI
$456.5K $10.89/SF
Area
Midland, TX
Vacancy
5.50%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,130,380
Cap Rate 7%
$6,521,700
Cap Rate 9%
$5,072,433
Alternative Uses
Best Use
Warehouse
$6.52M
$5.71M – $7.61M
NOI $456,519 @ 7.0% cap · market cap 7.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.89M
$8.65M – $11.53M
NOI $692,067 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79706, TX
31,805
Population
12,368
Households
2.6
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
689.5 sq mi
ZIP Area
46
Density / Sq Mi
$110,988
Median Household Income
$58,023
Median Earnings
$897
Median Rent
$280,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- ATS Agri-Empresa Transload & Storage — 2907 South N County Rd 1250, Midland, TX 79706
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-building warehouse property with Highway 80 access and a substantial acreage footprint.
Where is this warehouse located?
The property is located at 7500 W Hwy 80 Midland, TX.
What is the asking price?
The asking price for this property is $6,014,820.
What are key features of this property?
This property features: 41,913‑square‑foot warehouse property on 44.3 acres; Five buildings included on the property; Frontage along Highway 80 in Midland
