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    Industrial Asset on 7.62 Acres Title is generated by Realmo AI

    8908 W County Rd 130, Midland, TX 79706

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    Claim this Listing
    For Sale
    $2,100,000

    Two-building industrial asset with heavy power and convenient location.

    Type:Warehouse
    Property size:
    13,548 SF
    Lot size:
    7.62 Acres
    Price / SF:
    $155/SF
    Added:
    Apr 3, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 3 at 5:19 am

    Property Features for 8908 W County Rd 130

    General Information

    Standard status
    Active
    Size
    13,548 SF
    Lot size
    7.62 Acres
    Property subtype
    Warehouse

    Building Details

    Year Built
    2018

    We can help!

    Listing Contact
    Davis Cagle
    Davis Cagle

    Listing agent Davis Cagle License #TX: 722097

    Listing office Dallas Office

    Listing date Apr 3, 2026

    Source Marcusmillichap

    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 Dallas Office

    HighLights

    • Strategic location along Interstate‑20 with close proximity to the Midland International Air and Space Port, providing excellent transportation access.
    • Two ATF‑compliant magazines for explosive materials, a unique feature for specific industrial uses.
    • Large 7.62‑acre lot with a low 31% building coverage ratio, allowing for ample industrial outdoor storage space.
    • Relatively new construction (2018) with metal construction and clear heights ranging from 17 to 20 feet.
    • Equipped with three‑phase heavy power (480 volts) and 13 grade‑level doors, suitable for various industrial operations.
    • Located in the Permian Basin, a major hub for oil and gas activity, enhancing its value and potential tenant base.

    Overview

    This industrial asset features two buildings totaling 13,548 square feet on 7.62 acres. Constructed in 2018, the property includes metal construction with clear heights of 17 to 20 feet, a wash bay, and 13 grade-level doors. It is equipped with three-phase heavy power at 480 volts. The property also features two ATF-compliant magazines for explosive materials. There are 17 parking spaces available, and the building coverage ratio is 31 percent, allowing for ample industrial outdoor storage. Offered for sale as vacant, the property is suitable for various owner uses or as a lease-up investment. Situated along Interstate-20, the property is near the Midland International Air and Space Port, providing access to major transportation routes. This location is suited for businesses involved in logistics, transportation, aviation, or aerospace. Visibility from the interstate offers branding opportunities. The Midland market experienced a rebound in industrial demand in 2025, though the vacancy rate increased to 8.6 percent. Annual rent growth slowed to -0.9% last year, but limited supply-side pressure is expected in 2026, with only 71,000 square feet of industrial space under construction. Located in the Permian Basin, a major hub for oil and gas activity, the property is positioned to remain a valuable asset.

    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 $183.7k $13.56
    − Vacancy −$10.1k −$0.75
    EGI $173.6k $12.81
    − OpEx −$26.0k −$1.92
    NOI $147.6k $10.89
    13,548 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.11M
    $1.84M – $2.46M (±1% cap)
    NOI $147,566 @ 7.0% cap · market cap 7.03%
    Second Best
    Industrial
    $1.74M
    $1.52M – $2.03M (±1% cap)
    NOI $121,525 @ 7.0% cap · market cap 5.79%
    Theoretical Best
    Office A
    $3.20M
    $2.80M – $3.73M (±1% cap)
    NOI $223,705 @ 7.0% cap · market cap 10.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Dialog Wireline Services, ... Factory

    Suggested Use

    Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Department Store Accounting Firm Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -101.968547
    Latitude
    31.965354

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    FAQs

    What type of property is this?
    Warehouse - Two-building industrial asset with heavy power and convenient location.
    Where is this warehouse located?
    The property is located at 8908 W County Rd 130 Midland, TX.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Strategic location along Interstate‑20 with close proximity to the Midland International Air and Space Port, providing excellent transportation access.; Two ATF‑compliant magazines for explosive materials, a unique feature for specific industrial uses.; Large 7.62‑acre lot with a low 31% building coverage ratio, allowing for ample industrial outdoor storage space.
    (972) 755-5230
    We can help!
    Listing Contact
    Davis Cagle
    Davis Cagle
    Real Estate License ID: TX: 722097
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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