102 S G St, Midland, TX
4,906 SF renovated office building with historic charm.
- Added:
- Mar 26, 2025
- Days on Market:
- 442
- Last Refresh:
- May 20 at 9:06 pm
Property Features for 102 S G St
General Information
- Standard status
- Active
- Size
- 4,906 SF
- Lot size
- 0.26 Acres
- Property subtype
- OFFICE
Listing agent Justin Dodd License #9004023 (214) 534-7976
Listing office NRG Realty Group - Dallas/Fort Worth (214) 534-7976
Listing date Mar 26, 2025
Source Moodyscre
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 NRG Realty Group - Dallas/Fort Worth
HighLights
- 4,906 SF Renovated Office Building with Historic Charm & Modern Functionality
- Features 9 Offices, Conference Room, Welcoming Lobby, and Full Kitchen
- New HVAC for 2nd Floor and Rear of Property
- Server & Storage Room Generator Powered by Propane
- Separate Storage or Apartment Available
- Wood Floors, Natural Light, and Curb Appeal
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.2k | $19.20 |
| − Vacancy | −$15.1k | −$3.07 |
| EGI | $79.1k | $16.13 |
| − OpEx | −$19.8k | −$4.03 |
| NOI | $59.3k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.089
- Latitude
- 31.9953
