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Industrial Property Near Garden City
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4516 E County Rd 130, Midland, TX

Industrial building with office, shop, and wash bay.

Property Size7,500 SF
Lot Size5.00 Acres
Price / SF$300
Days on Market401

Property Features for 4516 E County Rd 130

General Information

Standard status Active
Size 7,500 SF
Lot size 5.00 Acres
Property subtype INDUSTRIAL
Listing Agency: The Real Estate Ranch
Listed By: Thomas Johnston · License #542176
Source: Moodyscre
Added: Sep 26, 2025 Changed: Oct 25 Last Checked: Oct 30 at 1:32PM

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 The Real Estate Ranch

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This industrial property is located near Garden City Highway and I-20. The building features 2,400 square feet of office space and a 5,100-square-foot shop area with a wash bay. The office area includes 6 offices, a reception area, a lobby, and 2 restrooms. There is an additional restroom in the shop area. The property has been recently landscaped and sits on 5 acres. The building is equipped with 3 bay doors and 3-phase power and is crane ready. The total building size is 7,500 square feet.

Key Highlights

  • Large 5100 Sq Ft Shop with Washbay
  • Convenient Location Near Garden City Hwy & I‑20
  • 2400 Sq Ft Office Space with 6 Offices, Reception, and Lobby

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$81,691
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,820 $1.6M
Cap Rate 7%
$1,167,014 $1.2M
Cap Rate 9%
$907,678 $907.7K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$101.7K $13.56/SF
− Vacancy
−$5.6K −$0.75/SF
EGI
$96.1K $12.81/SF
− OpEx
−$14.4K −$1.92/SF
NOI
$81.7K $10.89/SF
Area
Midland, TX
Vacancy
5.50%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,820
Cap Rate 7%
$1,167,014
Cap Rate 9%
$907,678

Alternative Uses

Best Use
Warehouse
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,691 @ 7.0% cap · market cap 3.63%
Second Best
Industrial
$961.1K
$840.9K – $1.12M (±1% cap)
NOI $67,275 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,840 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

TM Oilfield Services ... Oilfield

Suggested Use

Top Pick HVAC Service Auto Repair Shop Plumbing Service Parking Lot & Garage Big Box & Wholesale Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby
Well-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building with office, shop, and wash bay.
Where is this warehouse located?
The property is located at 4516 E County Rd 130 Midland, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Large 5100 Sq Ft Shop with Washbay; Convenient Location Near Garden City Hwy & I‑20; 2400 Sq Ft Office Space with 6 Offices, Reception, and Lobby
(432) 934-3333 · Office Call to check price and availability
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