9300 W County Rd 60, Midland, TX 79706

Listing agent Thomas Johnston ABR /CNHS License #542176 Show Phone

Listing office The Real Estate Ranch LLC 6 Desta Drive Suite 1260, Midland, TX Show Phone

Listing date May 21, 2025

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MLS# 50082290

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This commercial property, situated on 5.5 acres near the city limit line, presents a 10 Cap opportunity. The property includes Presidential ManCamp Housing, all remodeled in 2013. It features multiple rental units: The Washington, a 2656 square foot home with 3 bedrooms and 2 bathrooms, rents for $4500 per month; The Lincoln, a 1350 square foot unit with 4 bedrooms and 2 bathrooms, also rents for $4500 per month; and The Jefferson, a 1 bedroom, 1 bathroom unit, rents for $1400 per month. Additionally, there is a 2500 square foot shop with 3 pull-in bays. The gross annual rents total $163,200, with a net rent to owner of $109,404 per year. The property is conveniently located between two major PetroPlex Hubs, offering easy access to Midland, Odessa, Andrews, and Seminole. The total property size is 6866 square feet.

Suggested Use

HVAC Service Plumbing Service Building Supply Kitchen & Bath Showroom Auto Repair Shop Gym & Fitness Center Discount Store Bar & Pub Car Rental Facility Shopping Center & Mall

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

Location Insight

• Map
• Local Demand

City

Midland

County

Midland

State

Texas

Longitude

-102.228559

Latitude

32.0096096

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FAQs

What type of property is this?

Single family property - Commercial property near city limits with high income potential.

Where is this single family property located?

The property is located at 9300 W County Rd 60 Midland, TX.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: High 10 Cap Rate investment property.; Substantial annual net income to owner: $109,404.; Gross annual rents of $163,200.