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New Industrial Space in Midland
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5102 S County Rd 128, Midland, TX

New construction industrial space for lease or purchase in Midland.

Space Size7,750 SF
Lot Size15.00 Acres
Days on Market719

Property Features for 5102 S County Rd 128

General Information

Standard status Active
Size 7,750 SF
Lot size 15.00 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 5102 S County Rd 128 Contact us

5102 S County Rd 128 $22/SF/Yr

Size
7,750 SF
Type
LAND
Lease Type
NNN
Availability
AVAILABLE, Now
Property Description New construction purchasing or leasing opportunity in Midland!...
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Listing Agency: Moriah Brokerage Services
Listed By: Tommy Reynolds
Source: Moodyscre
Added: Sep 10, 2024 Changed: Aug 8 Last Checked: May 20 at 9:42PM

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 Brokerage Services

Investment Insights

Based on property information with market context.

This new construction property in Midland offers a 7,750 square foot building on 2.5 acres. The building includes 1,500 square feet of office space, featuring five private offices, a conference room, and a kitchen. The warehouse space is 5,000 square feet, complemented by a 1,250 square foot wash bay. The property is equipped with 3-Phase Power and is serviced by a water well and septic system. Situated outside city limits, the property is not subject to zoning regulations. The site features a 2.5 acre stabilized caliche yard and a security perimeter fence. Located in Midland County, this industrial space is less than 1.5 miles southeast of the Loop 250 - I-20 intersection. Estimated availability is June 2024.

Key Highlights

  • New 7,750 SF building on 2.5 acres
  • Located less than 1.5 miles from Loop 250 - I‑20 intersection
  • Featuring a 5,000 SF Warehouse and 1,250 SF Wash Bay

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Auto Repair Shop Hair Salon 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby
Well-served
Demand for This Use

Market

Lease Benchmarks for Midland, TX

$21.01 /SF/Yr
Avg Asking Price
$10.43–$27.5 /SF/Yr
Price Range
11,554 SF
Avg Space Size

This space is priced 5% above the average of $21.01 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Warehouse - New construction industrial space for lease or purchase in Midland.
Where is this warehouse located?
The property is located at 5102 S County Rd 128 Midland, TX.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: New 7,750 SF building on 2.5 acres; Located less than 1.5 miles from Loop 250 - I‑20 intersection; Featuring a 5,000 SF Warehouse and 1,250 SF Wash Bay
(432) 413-6393 Call to check price and availability
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