Retail Shop in Midland,
S County Rd 1160 Midland, TX 79706
S County Rd 1160, Midland, TX, 79706
$350,000
For Sale
$350,000
COMMERCIAL - Midland, TX
Property Size2,600 SF
Lot Size2.50 Acres
Price / SF$134.62
Days on Market349
Property Features for S County Rd 1160
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Standard status
- Active
- Size
- 2,600 SF
- Lot size
- 2.50 Acres
Taxes and HOA fees
- Tax Description
- SURVEY IS BEING FINALIZED.
- Tax Annual Amount
- 1000
Building Details
- Year built
- 2025
Listing Agency
Heritage Real Estate
(432) 701-0550
5030 E University Suite B 401, Odessa, TX
Listed by
Ysenia Cepeda
(214) 674-2881
Added: Aug 3, 2025 Checked: Jul 17 at 11:06 am
MLS# 50084294
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.
Investment Insights
Based on property information with market context.
This 2,600 square foot retail shop is located in Midland, Texas. Situated on a 2.5-acre lot, this property is positioned in a prime location, making it highly desirable for a West Texas business. The property is suitable for various business ventures and is located in Midland County.
Key Highlights
- Prime location in West Texas
- Highly desirable for business
- Under Construction - opportunity for customization
Local Financial Insights For Retail
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 | $39.0k | $15.00 |
| − Vacancy | −$2.7k | −$1.05 |
| EGI | $36.3k | $13.95 |
| − OpEx | −$10.9k | −$4.19 |
| NOI | $25.4k | $9.76 |
2,600 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$362.7K
$317.4K – $423.2K
NOI $25,389 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$613.3K
$536.6K – $715.5K
NOI $42,931 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Retail shop in a prime West Texas location.
Where is this storefront property located?
The property is located at S County Rd 1160 Midland, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime location in West Texas; Highly desirable for business; Under Construction - opportunity for customization
