4513 East County Road 128, Midland, TX 79706
Newly built industrial facility with office space, a heavy shop, mezzanine storage, and a fenced yard with wash bay.
- Added:
- May 27, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 6 at 4:21 am
Property Features for 4513 East County Road 128
General Information
- Standard status
- Active
- Size
- 11,100 SF
- Lot size
- 4.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2026
Listing agent Trey Dennis License #TX 723150
Listing office Moriah Real Estate Company, LLC (432) 682-2510
Listing date May 27, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Moriah Real Estate Company, LLC
HighLights
- Newly built 11,100 SF industrial facility being delivered in Q4 (YearBuilt 2026).
- 4,200 SF office area with private offices, conference room, reception, and breakroom.
- 5,400 SF heavy industrial shop with (6) 14' pull‑through overhead doors for equipment movement.
- Mezzanine level adds extra storage and can be finished for expanded office, training, or potential live‑in quarters.
- Covered wash bay and fenced yard included for operational and vehicle‑related needs.
- Set on 4 acres at 4513 E County Road 128 in Midland, Texas, with access to major transportation routes.
Overview
The property sits on 4 acres in an industrial area of Midland County with convenient access to major transportation routes. The surrounding area is described as being made up of oilfield and service-based operations. Site improvements include a covered wash bay and a fenced yard, creating a functional setup for day-to-day industrial and service use.
With its combination of office build-out, heavy shop configuration, and mezzanine level for additional storage, this facility is positioned for industrial, logistics, or service users who need workspace flexibility. The mezzanine also provides optionality for further finishing, which the developer notes could support expanded office space, training, or potential live-in quarters depending on the end user’s needs.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $213.1k | $19.20 |
| − Vacancy | −$34.1k | −$3.07 |
| EGI | $179.0k | $16.13 |
| − OpEx | −$44.8k | −$4.03 |
| NOI | $134.3k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -101.983166
- Latitude
- 31.968722