Midland Industrial Facility For
S County Rd 1120 Midland, TX 79706
COMMERCIAL - Midland, TX
Property size:
10,500 SFLot size:
4.34 AcresPrice / SF:
$152/SF- Added:
- Dec 9, 2025
- Days on Market:
- 213
- Last Refresh:
- Jul 10 at 12:06 pm
Property Features for S County Rd 1120
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Standard status
- Active
- Size
- 10,500 SF
- Lot size
- 4.34 Acres
Taxes and HOA fees
- Tax Description
- Acres: 1.290, BLK: 001, LOT:001, DUNN RANCH ESTATES
- Tax Annual Amount
- 23200
Building Details
- Year built
- 2025
Listing agent Justin Dodd License #9004023 (214) 534-7976
Listing office NRG Realty Group, LLC 6191 St Hwy 161 430, TX (432) 432-7976
Listing date Dec 9, 2025
MLS# 50087334
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 10,500 square foot industrial facility is available for sale or lease. Situated on 4.34 acres, the property features a two-story glass entry with 21-foot ceilings, a chandelier, vaulted ceiling, and premium finishes. The warehouse is 15-ton crane ready and includes six 14-foot by 16-foot bay doors, with the option for three more. It has a 24-foot eave height and 400A 480V 3-phase power. An optional 1,500 square foot wash bay is available. The property includes monument signage, a fenced perimeter, landscaping, and optional covered parking for 11 vehicles. It is located on Lot 1 of Dunn Ranch.
Key Highlights
- 15‑ton crane ready warehouse with (6) 14'x16' bay doors, with the option for 3 more.
- 400A 480V 3‑phase power.
- Striking two‑story glass entry with 21' ceilings and premium finishes.
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 | $142.4k | $13.56 |
| − Vacancy | −$7.8k | −$0.75 |
| EGI | $134.5k | $12.81 |
| − OpEx | −$20.2k | −$1.92 |
| NOI | $114.4k | $10.89 |
10,500 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.63M
$1.43M – $1.91M
NOI $114,367 @ 7.0% cap · market cap 7.15%
Second Best
Industrial
$1.35M
$1.18M – $1.57M
NOI $94,184 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,376 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - 10,500 SF industrial facility on 4.34 acres for sale.
Where is this warehouse located?
The property is located at S County Rd 1120 Midland, TX.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 15‑ton crane ready warehouse with (6) 14'x16' bay doors, with the option for 3 more.; 400A 480V 3‑phase power.; Striking two‑story glass entry with 21' ceilings and premium finishes.
