Investor Office Project Near Downtown Midland

3201 West Wall Street, Midland, TX 79701

  • For Sale $650,000
  • Property Type Office - General Office
  • Property Size 11,810 SF
  • Lot Size 0.38 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1959
  • Year Renovated 2003
  • Date Updated Oct 10, 2024
This property is located in Central Midland, TX, at the corner of West Wall Street and Bankhead Highway. It features frontage on Wall Street (TX-268), providing high visibility from this heavily trafficked road. The property is approximately 2.9 miles from Loop 250 and Business I-20 and 5 minutes to Downtown Midland.Discover an investment opportunity in Central Midland, TX, with this 11,810 SF multi-tenant office/retail building. Currently consisting of 10 tenants, the property features excellent visibility at the intersection of Wall and Bankhead Highway, providing high traffic counts that enhance investor opportunity. Additionally, the second floor presents a blank canvas for a full build-out, allowing for customizable options that can further increase value and income potential. This is an ideal venture for investors seeking a solid return or owner/users looking to expand their business presence in a great location. Contact Amy Barnett or Brian Steffenilla for more details.

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Highlights

  • 11,810 SF Office Building
  • Perfect for Investors Seeking Buildout Project!
  • Second Floor Needs Full Buildout
  • NOI: ~$60,000 (or $5,000/Mo)
  • Cap Rate: 8%
  • 10 Tenants on 6 Month or 12 Month Leases
  • Curbside Parking
  • Corner Lot on W Wall St Provides High Visibility
  • Multiple Restrooms
  • 5 Minutes to Downtown | Close to Several Dining Options!

Contacts

broker

Justin Dodd

NRG Realty Group

Location

Getting Around

  • Walk Score ®

    42/100 Car-Dependent

  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Midland, TX
  • Neighborhood Permian Estates-College Heights
  • Zip Code 79701
  • Market Midland Odessa

Points of Interest

  • 7-Eleven

    0.70 miles

  • Amigo's Gas Station

    1.45 miles

  • Kent Kwik Gas Station

    1.54 miles

  • Sunoco

    2.09 miles

  • Walmart

    2.10 miles

  • Stripes

    2.19 miles

  • Exxon

    2.22 miles

  • Tesla Supercharger

    3.26 miles

  • LHS Parking

    2.23 miles

  • HEB Parking Lot

    2.92 miles

  • Wyndham Garden Midland

    0.12 miles

  • Super 8 Midland

    0.73 miles

  • Days Inn by Wyndham Midland

    0.84 miles

  • La Quinta Inn Midland

    1.22 miles

  • Grand Texan Hotel & Convention Center

    1.46 miles

  • Country Inn & Suites

    1.88 miles

  • Comfort Inn

    1.91 miles

  • Quality Inn

    1.98 miles

  • DoubleTree by Hilton Hotel Midland Plaza

    2.05 miles

  • Victorian Inn

    2.13 miles

  • DQ Grill & Chill

    0.46 miles

  • Denny's

    0.48 miles

  • Bob's Better Burgers

    0.62 miles

  • Chick-fil-A

    0.77 miles

  • Taco Villa

    0.78 miles

  • Ice store

    0.81 miles

  • Whataburger

    1.02 miles

  • Rosa's Café & Tortilla Factory

    1.04 miles

  • Schlotzsky's

    1.27 miles

  • McDonald's

    1.28 miles

  • Lamar Elementary

    0.57 miles

  • Texas Leadership Charter Academy

    0.64 miles

  • West Early Childhood

    0.79 miles

  • St. Ann's School

    0.94 miles

  • Burnett Elementary

    1.14 miles

  • Jane Long Elementary

    1.18 miles

  • Sam Houston Collegiate Preparatory Elementary

    1.20 miles

  • Midland College Advanced Technology Center

    1.21 miles

  • Midland Montessori School

    1.26 miles

  • Bonham Elementary School

    1.46 miles

  • Paragon Learning Center

    3.84 miles

Frequently Asked Questions

How much does Investor Office Project Near Downtown Midland cost?

The space currently listed for sale at Investor Office Project Near Downtown Midland asks for $650,000.

What is the total square footage of Investor Office Project Near Downtown Midland?

Investor Office Project Near Downtown Midland totals 11,810 square feet.

When was this property built?

Investor Office Project Near Downtown Midland was built in 1959.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Justin Dodd

NRG Realty Group