2214 S County Road 1245 - Warehouse FOR SALE


Midland, TX 79706
$1,300,000 USD
214-325-4851
2214 S County Road 1245, Midland, TX for Sale
$1,300,000 USD
Warehouse - FOR SALE
1/1
null | 11.54% Cap Rate

2214 S County Road 1245
Midland, TX 79706


HIGHLIGHTS

  • 50 Months Remaining | 11.54% Cap Rate
  • 5-ton Bridge Crane | LED lighting
  • Man Camp connection with separate septic & power
  • W/D Connections in office

OVERVIEW

NRG Realty Group is pleased to present the opportunity to acquire a single-tenant industrial property located at 2214 S County Road 1245 in Midland, Texas. The property consists of a 5,600-square-foot building on 3.2 acres, constructed in 2017, and equipped with a five-ton overhead crane and wash pad—features that make it ideally suited for industrial users in the energy sector. The property is leased to Pride Dynamo, a Texas-based company that provides power and distribution solutions for industrial, oil and gas, utility, and data center applications. Backed by decades of experience and a reputation for quality service, Pride Dynamo operates across key energy markets, supporting critical infrastructure needs throughout the region. The lease expires December 31, 2029, providing a stable, income-producing investment with minimal management responsibilities. The annual net operating income (NOI) is $150,000, offering an attractive 11.54% capitalization rate. This property represents a strong opportunity to acquire a well-maintained industrial asset with a reliable tenant and solid yield in the heart of the Permian Basin, one of the most active energy markets in the country. With modern construction, specialized infrastructure, and a secure lease in place, this investment offers both immediate income and long-term stability.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

11.54%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STNL Investment 11.54% Cap Rate

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.2

LAND SF

139,392

ZONING

IR

APN/PARCEL ID

R000214-243

ASK ABOUT THIS PROPERTY

John McDanielNRG Realty Group, LLCMore Info
214-325-4851

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John McDanielNRG Realty Group, LLCMore Info
214-325-4851

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.