Flex Space with
For Sale
Contact for pricing
8100 W Hwy 80, Midland, TX 79706
Flexible field office configuration includes workspaces, meeting space, covered parking, and yard area.
Property Size9,776 SF
Price / SF$150
Days on Market14
Property Features for 8100 W Hwy 80
General Information
Standard status
Active
Size
9,776 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Office Build-Out
9,776 SF
Amenities
conference room
kitchen
covered parking
Building Details
Buildings
1
Listing Agency:
Moriah Brokerage Services
(432) 682-2510
Listed By:
Wes Gotcher · License #723150
Source:
Moodyscre
Added: Aug 10
Changed: Aug 12
Last Checked: Aug 23 at 11:49AM
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 9,776-square-foot flex property combines a substantial office component with practical field-office functionality. The interior includes 20 offices, a conference room, kitchen, and restrooms, supporting a range of administrative and operational requirements within one building.
Covered parking is provided on site, while additional yard area can accommodate parking or equipment storage. The combination of dedicated offices, shared meeting space, service areas, and outdoor storage capacity creates a versatile commercial configuration for office and industrial operations.
Covered parking is provided on site, while additional yard area can accommodate parking or equipment storage. The combination of dedicated offices, shared meeting space, service areas, and outdoor storage capacity creates a versatile commercial configuration for office and industrial operations.
Key Highlights
- 9,776 SF flex property with field‑office configuration
- 20 offices plus a conference room, kitchen, and restrooms
- Covered parking included on site
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
$118,250
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
8.06%
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%
$2,365,000
$2.4M
Cap Rate 7%
$1,689,286
$1.7M
Cap Rate 9%
$1,313,889
$1.3M
Market Conditions
NOI Build-Up for 9,776 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
$187.7K $19.20/SF
− Vacancy
−$30.0K −$3.07/SF
EGI
$157.7K $16.13/SF
− OpEx
−$39.4K −$4.03/SF
NOI
$118.3K $12.10/SF
Area
Midland, TX
Vacancy
16.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
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%
$2,365,000
Cap Rate 7%
$1,689,286
Cap Rate 9%
$1,313,889
Alternative Uses
Best Use
Office B
$1.69M
$1.48M – $1.97M
NOI $118,250 @ 7.0% cap · market cap 8.06%
Second Best
Industrial
$1.25M
$1.10M – $1.46M
NOI $87,690 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,421 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
130
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible field office configuration includes workspaces, meeting space, covered parking, and yard area.
Where is this flex space located?
The property is located at 8100 W Hwy 80 Midland, TX.
What is the asking price?
The asking price for this property is $1,466,400.
What are key features of this property?
This property features: 9,776 SF flex property with field‑office configuration; 20 offices plus a conference room, kitchen, and restrooms; Covered parking included on site
