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5718 N County Road 1287 12,962 SF Industrial Building Midland, TX 79707 $2,500,000 ($192.87/SF)
INVESTMENT HIGHLIGHTS
- ±5.0 Acres
- ±3,230 sf of lab space
- ±3,935 sf of warehouse space
- ±11,915 sf total space
- ±4,750 sf of office space
EXECUTIVE SUMMARY
Current lease is ending 9/5/25. Current monthly rent is $30,128/Month. Net lease with tenant paying insurance and reimbursing for property taxes.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $2,500,000 | Rentable Building Area | 12,962 SF |
| Price Per SF | $192.87 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2015 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1/1,000 SF |
| Building Class | C | Clear Ceiling Height | 20’ |
| Lot Size | 5.06 AC | ||
| Zoning | None - Outside of city limits. | ||
| Price | $2,500,000 |
| Price Per SF | $192.87 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 5.06 AC |
| Rentable Building Area | 12,962 SF |
| No. Stories | 1 |
| Year Built | 2015 |
| Tenancy | Single |
| Parking Ratio | 1/1,000 SF |
| Clear Ceiling Height | 20’ |
| Zoning | None - Outside of city limits. |
AMENITIES
- Signage
- Wheelchair Accessible
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 12,962 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 12,962 SF | Industrial | - | Now |
1st Floor
| Size |
| 12,962 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1 1
PROPERTY TAXES
| Parcel Number | R000210-912 | Total Assessment | $875,330 (2025) |
| Land Assessment | $14,260 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $861,070 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R000210-912
Land Assessment
$14,260 (2025)
Improvements Assessment
$861,070 (2025)
Total Assessment
$875,330 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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5718 N County Road 1287
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