Industrial Property Near Garden
For Sale
Contact for pricing
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 Market354
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
(432) 688-8200
Listed By:
Thomas Johnston · License #542176
(432) 934-3333
Source:
Moodyscre
Added: Sep 26, 2025
Changed: Aug 16
Last Checked: Sep 14 at 6:28AM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$81,691
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $81,691 @ 7.0% cap · market cap 3.63%
Second Best
Industrial
$961.1K
$840.9K – $1.12M
NOI $67,275 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,840 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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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
