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Industrial Flex Building with Yard
For Lease
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5102 S County Rd 128, Midland, TX 79706

New industrial flex facility includes warehouse, office buildout, and a stabilized caliche yard with 3-phase power.

Property Size7,750 SF
Lot Size2.50 Acres
Days on Market690

Property Features for 5102 S County Rd 128

General Information

Standard status Active
Size 7,750 SF
Lot size 2.50 Acres
Property subtype LAND
Lease Type SF/yr

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Heavy Power Yes
Service Bays 1

Amenities

private offices
conference room
kitchen
wash bay
stabilized caliche yard
security perimeter fence
Listing Agency: Moriah Brokerage Services
Listed By: Tommy Reynolds
Source: Moodyscre
Added: Sep 10, 2024 Changed: Jul 28 Last Checked: Jul 31 at 12:54PM

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.

New construction flex/industrial building offering a total of 7,750 SF on 2.5 acres, with 1,500 SF of office space and a 5,000 SF warehouse. The office area includes five private offices, a conference room, and a kitchen. The warehouse is supported by an additional 1,250 SF wash bay on-site.

The property is located outside city limits in Midland County, less than 1.5 miles southeast of the Loop 250–I-20 intersection, with a security perimeter fence and no zoning.

Operational utilities include a water well and septic system, and 3-phase power is available. The estimated availability is June 2024.

Key Highlights

  • 7,750 SF new industrial building on 2.5 acres in Midland County, outside city limits
  • Includes 1,500 SF office with (5) private offices, conference room, and kitchen
  • Includes 5,000 SF warehouse plus a 1,250 SF wash bay on‑site

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

1
Service bays
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
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

Demographics for 79706, TX

31,805
Population
12,368
Households
2.6
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
689.5 sq mi
ZIP Area
46
Density / Sq Mi
$110,988
Median Household Income
$58,023
Median Earnings
$897
Median Rent
$280,500
Median Home Value

Market

Lease Benchmarks for Midland, TX

$24.63 /SF/Yr
Avg Asking Price
$12.8–$27.5 /SF/Yr
Price Range
3,875 SF
Avg Space Size

This space is priced 11% below the average of $24.63 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - New industrial flex facility includes warehouse, office buildout, and a stabilized caliche yard with 3-phase power.
Where is this flex space 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: 7,750 SF new industrial building on 2.5 acres in Midland County, outside city limits; Includes 1,500 SF office with (5) private offices, conference room, and kitchen; Includes 5,000 SF warehouse plus a 1,250 SF wash bay on‑site
(432) 413-6393 Call to check price and availability
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