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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 Market309

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: Jul 6 Last Checked: Jul 21 at 6:39AM

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 For Warehouse

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 $101.7k $13.56
− Vacancy −$5.6k −$0.75
EGI $96.1k $12.81
− OpEx −$14.4k −$1.92
NOI $81.7k $10.89
7,500 SF · lease $13.56/SF/yr · vacancy 5.50% · expense 15.00%

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.

Property 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

Market

Properties on Market for Warehouses in Midland

Jan
Feb
Mar
Apr
May
Jun

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 Call to check price and availability
More about this property
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