Investor Office Project Near Downtown Midland

For Sale

3201 West Wall Street, Midland, TX 79701

This Midland property for sale is located at 3201 West Wall Street. The general use of Investor Office Project Near Downtown Midland is office and it incorporates 11,810 square feet of class B office space. The current listed sale price for Investor Office Project Near Downtown Midland is $650,000. Investor Office Project Near Downtown Midland is situated on a lot that is 0.38 acre in size.

Contacts

broker

Justin Dodd

NRG Realty Group

Property Details

  • 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!

Getting around

  • 42/100

    Walk Score ®

  • 41/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Kingsway Mall

    0.72 miles

  • Albertsons

    1.19 miles

  • Walmart Supercenter

    2.26 miles

  • H-E-B

    2.57 miles

  • Red Oak Plaza

    2.82 miles

  • Texas Pride Plaza

    2.95 miles

  • United Supermarkets

    3.05 miles

  • Holt Ranch Plaza

    3.30 miles

  • Natural Grocers

    3.37 miles

  • Dillard's

    3.37 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Justin Dodd

NRG Realty Group