www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31579923
31579924

1505 W County Rd 117, Midland, TX 79706

DL
TX License #619875
Lanier Real Estate, LLC
Listed by Lanier Real Estate, LLC
$625,000
100 days on market
Updated 7 days ago

All in One! Work, Live, and Play

Details
Property Type Mixed Use
Sub Type Residential with Income Potential
Tenancy Multi
Lease Options Currently Month to Month
Year Built 2009
Buildings 4
Stories 1
Acreage 2.000
Parking Spaces 6 spaces
Ground Lease No

Mixed Use

Marketing description

WOW! Live, work & invest on ±2.00 acres at 1505 NCR 117. Versatile property ideal for RV park, construction/service business, workforce housing or owner-operator. Features 41 GPM shared well, shared septic, single electric meter; each building has HVAC & water heater. Improvements: ~6,000 sq ft insulated shop with half bath, 2 overhead doors, secure bays; metal building plumbed/wired for 4 apartments (one finished & rented) and 4-bay carport. Party/entertainment bldg. with 2 stone fireplaces, full bath & bar; brick 5-bed, 2.5-bath residence with an office. Rare income + expansion potential!

Listing Contacts

DL
TX License #619875
Lanier Real Estate, LLC
Listed by Lanier Real Estate, LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Dale Lookabaugh
License
License #619875
Brokerage
The Bill Lanier Team
Title
Dale Lookabaugh
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591