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    1605 Big Spring St Midland, TX 79701

    For Sale
    $425,000

    Downtown Midland retail space, ample parking.

    Property size:
    2,008 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 2,008 square foot retail property, situated at 1605 N Big Spring St in Midland, TX, presents a fantastic opportunity for business owners seeking a prime location. The property boasts a highly desirable address with easy access to the downtown area, a significant advantage for attracting customers and maximizing visibility. Beyond the convenient location, the property includes a substantial benefit: extra parking in the rear, alleviating common parking concerns for both employees and clients. The interior layout is well-designed and functional, featuring a welcoming entrance reception area, perfect for creating a positive first impression. A dedicated conference room provides a professional space for meetings and presentations, while additional space is readily available for private offices, offering flexibility to accommodate various business needs. The property is move-in ready, eliminating the need for extensive renovations and allowing businesses to focus on operations immediately. With its strategic location, ample parking, and versatile interior, this retail space represents an exceptional investment opportunity in the thriving Midland market. The 0.26-acre lot provides ample space and the property is priced at $425,000. Don't miss this chance to establish your business in a highly sought-after area.

    Property Features for 1605 Big Spring St

    General Information

    Property type
    Retail properties
    Square Feet
    2,008 SF
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1955
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ian Cantacuzene PC Attorney Emergency Dentistry Emergency Dental Service Cesar Ornelas Injury ... Law Firm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -102.0788
    Latitude
    32.01357

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    FAQs

    What type of property is this?
    Retail property - Downtown Midland retail space, ample parking.
    Where is this retail property located?
    The property is located at 1605 Big Spring St Midland, TX.
    What is the asking price?
    The asking price for this property is $425,000.
    (432) 618-1818
    Request Owner's contact information
    1605 Big Spring St Midland, TX 79701
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    Midland, TX 79701
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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
    1605 Big Spring St Midland, TX 79701
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