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    Industrial Facility with Pull-Through Doors Title is generated by Realmo AI

    4513 East County Road 128, Midland, TX 79706

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    Newly built industrial facility with office space, a heavy shop, mezzanine storage, and a fenced yard with wash bay.

    Type:Industrial
    Property size:
    11,100 SF
    Lot size:
    4.00 Acres
    Price / SF:
    $225/SF
    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

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    Listing Contact
    Trey Dennis
    Trey Dennis

    Listing agent Trey Dennis License #TX 723150

    Listing office Moriah Real Estate Company, LLC

    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

    Currently under construction, this brand-new industrial facility totals 11,100 SF and is scheduled for delivery in Q4. The building includes 4,200 SF of office space with private offices, a conference room, a reception area, and a breakroom. The remaining 5,400 SF is designed for heavy industrial use, with (6) 14' pull-through overhead doors to support efficient equipment movement through the shop.

    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
    11,100 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.92M
    $1.68M – $2.24M (±1% cap)
    NOI $134,266 @ 7.0% cap · market cap 5.38%
    Second Best
    Warehouse
    $1.73M
    $1.51M – $2.02M (±1% cap)
    NOI $120,902 @ 7.0% cap · market cap 4.84%
    Theoretical Best
    Office A
    $2.62M
    $2.29M – $3.05M (±1% cap)
    NOI $183,283 @ 7.0% cap · market cap 7.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -101.983166
    Latitude
    31.968722

    FAQs

    What type of property is this?
    Flex space - Newly built industrial facility with office space, a heavy shop, mezzanine storage, and a fenced yard with wash bay.
    Where is this flex space located?
    The property is located at 4513 East County Road 128 Midland, TX.
    What is the asking price?
    The asking price for this property is $2,497,500.
    What are key features of this property?
    This property features: 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.
    (432) 682-2510 Call to check price and availability
    More about this property
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