9807 Fm 307, Midland, TX 79706
A shop-and-office flex setup with multiple overhead doors and dedicated office amenities for operations that need both spaces.
- Added:
- Mar 27, 2026
- Days on Market:
- 84
- Last Refresh:
- Jun 11 at 4:49 am
Property Features for 9807 Fm 307
General Information
- Standard status
- Active
- Size
- 6,250 SF
Listing agent Patti Hollums. ABR. SRS (432) 770-3073
Listing office Real Estate One - Kelvie Cleverdon (432) 770-3073
Listing date Mar 27, 2026
Source Exprealty
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 Real Estate One - Kelvie Cleverdon
HighLights
- 6250 SF shop/office combo on ~5 acres in a developing industrial area off FM 307
- Office includes 5 offices, H/H bathrooms, foyer/reception, and kitchenette
- Shop features 7 overhead doors, including 3 pull‑through bays and 18' doors
- Shop interior includes 12' liner panels, plus a shop bathroom and 3 walk‑through doors
- 3‑phase power, locking cage with overhead storage, and a security system
- Property has easy access to highways
Overview
The site is described as being located in a developing industrial area off FM 307, with easy access to highways. This positioning is intended to support tenants or owners looking for straightforward regional connectivity alongside an on-site office presence.
This layout suits a wide range of light industrial or service-oriented users that require direct shop access through multiple overhead doors and a dedicated office for day-to-day administration. The combination of an upgraded office suite and a functional shop configuration supports in-house operations, with the included security features and flexible bay access supporting routine work flow.
Local Financial Insights For Office B
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 | $120.0k | $19.20 |
| − Vacancy | −$19.2k | −$3.07 |
| EGI | $100.8k | $16.13 |
| − OpEx | −$25.2k | −$4.03 |
| NOI | $75.6k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -101.9155004
- Latitude
- 32.0237292
