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    1005 Austin St Midland, TX 79703

    For Sale
    $949,900

    Other Commercial - Midland, TX

    Property size:
    7,128 SF
    Lot size:
    0.87 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 1005 Austin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Paved or Surfaced
    Size
    7,128 SF
    Lot size
    0.87 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas, Zoned (Heating)
    Cooling system
    Electric, Multi Units, Window Unit(s)

    Building Details

    Year built
    1960
    Architectural style
    Other

    Pine & Beckett - Chris Beckett (432) 686-7000

    Listing agent Chris Beckett Broker Owner CRS GRI ASR e-Pro (432) 686-7000

    Listing date Nov 28, 2025

    MLS# 50087109 Listing URL

    Copyright © 2025 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Midland Commercial Property For Sale

    This commercial property, located in Midland, Texas, offers a total area of 7,128 square feet situated on a 0.872-acre lot. The property is classified under specialty commercial properties, presenting opportunities for diverse business ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.120004
    Latitude
    31.9990188

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    FAQs

    What type of property is this?
    Specialty property - Commercial property in Midland, TX, ideal for various business ventures.
    Where is this specialty property located?
    The property is located at 1005 Austin St Midland, TX.
    What is the asking price?
    The asking price for this property is $949,900.
    What are key features of this property?
    This property features: - Multiple Cooling Options: Includes electric, multi-unit, and window unit cooling systems.; - Zoned Heating: Natural gas, electric, and central heating with zoned control.; - Benefit from efficient natural gas heating.
    (432) 686-7000
    Request Owner's contact information
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    Midland, TX 79703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1005 Austin St Midland, TX 79703
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