3707 S County Rd 1210 Midland, TX 79706
27,488 SF industrial facility with cranes on 6 acres.
- Added:
- Jul 8, 2024
- Days on Market:
- 733
- Last Refresh:
- May 12 at 10:49 pm
Property Features for 3707 S County Rd 1210
General Information
- Standard status
- Active
- Size
- 27,488 SF
- Lot size
- 6.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2014
Listing office NRG Realty Group (432) 363-4777
Listing date Jul 8, 2024
Source Crexi
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 NRG Realty Group
Investment Insights
Based on property information with market context.
Key Highlights
- 24,352 SF warehouse space with (2) 5‑ton cranes and (4) jib cranes
- 6 Acre lot of stabilized caliche, fully fenced with 2 entrances
- No zoning restrictions and serviced by 3‑Phase/480V power
Local Financial Insights For Industrial
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 | $372.7k | $13.56 |
| − Vacancy | −$20.5k | −$0.75 |
| EGI | $352.2k | $12.81 |
| − OpEx | −$105.7k | −$3.84 |
| NOI | $246.6k | $8.97 |