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Property profile & analytics
FOR LEASE
Flex space

3612 S County Road 1198 Midland, TX 79706

7,500 SF 1.53 ac lot Built 1996
Entity Owned 1-yr Hold
Property ID
US82-9442725
Property summary
AI-generated overview

This exceptional Midland, Texas industrial property, located at 3612 S County Rd 1198, 79706, offers a unique blend of functionality and convenience. Situated on a 1.53-acre lot outside city limits in Midland County, this property features two fully insulated buildings totaling 7,500 square feet. The main building, a 5,000 square foot office/warehouse, includes 2,000 square feet of well-appointed office space. This area boasts large offices, a conference room, a break room, and a surprising amenity: a one-bedroom, one-bathroom apartment. The remaining 3,000 square feet is dedicated warehouse space, featuring impressive 20-foot ceilings, heating systems, and ample storage for tools and equipment. A second, 2,500 square foot warehouse building complements the main structure, offering a 17-foot ceiling height and a 14-foot overhead door. The entire property is fully fenced and secured with a manual gate, providing peace of mind and enhanced security. Built in 1996 and recently renovated in 2024, this property is zoned for outside city limits. This versatile property is perfect for businesses requiring a combination of office, warehouse, and storage space. New photos are coming soon.

Property profile
Verified
Property type Flex space
Year built 1996
Total area 7,500 SF
Lot 1.53 ac (66,647 SF)
UPID US82-9442725
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cape Environmental Inc Construction Company
  • Bobcat Contracting, L.l.c. General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
3612 Midland LLC · 1 yrs held
3612 Midland LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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