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    5102 S County Road 128 Midland, TX 79706

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    For Lease
    $22 SF/Yr ($14,208 /Mo)

    New construction industrial space for lease or purchase in Midland.

    Property size:
    7,750 SF
    Lot size:
    15.00 Acres

    Property Features for 5102 S County Road 128

    General Information

    Size
    7,750 SF
    Lot size
    15.00 Acres

    Source: Moriah Brokerage Services Agent Tommy Reynolds

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Industrial Space in Midland

    This new construction property in Midland offers a 7,750 square foot building on 2.5 acres. The building includes 1,500 square feet of office space, featuring five private offices, a conference room, and a kitchen. The warehouse space is 5,000 square feet, complemented by a 1,250 square foot wash bay. The property is equipped with 3-Phase Power and is serviced by a water well and septic system. Situated outside city limits, the property is not subject to zoning regulations. The site features a 2.5 acre stabilized caliche yard and a security perimeter fence. Located in Midland County, this industrial space is less than 1.5 miles southeast of the Loop 250 - I-20 intersection. Estimated availability is June 2024.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -101.982031
    Latitude
    31.968273

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    FAQs

    What type of property is this?
    Warehouse - New construction industrial space for lease or purchase in Midland.
    Where is this warehouse located?
    The property is located at 5102 S County Road 128 Midland, TX.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - New 7,750 SF building on 2.5 acres; - Located less than 1.5 miles from Loop 250 - I-20 intersection; - Featuring a 5,000 SF Warehouse and 1,250 SF Wash Bay
    (432) 413-6393
    Request Owner's contact information
    5102 S County Road 128 Midland, TX 79706
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    Midland, TX 79706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5102 S County Road 128 Midland, TX 79706
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