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    3205 W Wall St Midland, TX 79701

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    For Sale
    $5,530,000

    Prime location near Downtown Midland with highway access.

    Property size:
    38,164 SF
    Lot size:
    1.15 Acres

    Property Features for 3205 W Wall St

    General Information

    Size
    38,164 SF
    Lot size
    1.15 Acres

    Source: Moriah Brokerage Services Agent Wes Gotcher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Midland Retail-Industrial Opportunity

    This property features 38,164 square feet under roof on 5.38 acres, comprising four buildings that offer a unique opportunity to divide the property for separate leasing. The current tenant, Sewell Automotive, has indicated they will not be renewing their lease, which expires on January 31, 2027, and will be relocating. The tenant currently pays $30,000.00 per month, NNN. This prime retail-industrial opportunity is located near Downtown Midland on Wall Street, providing quick and easy highway access. The property benefits from a traffic count of approximately 14,841 vehicles daily, according to TxDOT's 2022 Annual Average Daily Traffic report. The property's current use is for auto sales and services. Located within city limits, the property benefits from city utilities (water and sewer) and police and fire protection, and it is situated outside of a flood-prone area. The zoning is RR & C, with permitted uses including auto sales, boat sales, restaurants, car washes, bowling alleys, and medical or dental laboratories. The property has approximately 620 feet of frontage on W. Wall Street.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sewell Buick GMC ... Used Car Dealer Sewell Cadillac Service ... Auto Repair Shop Sewell Cadillac of Midland Used Car Dealer EV Connect Charging ... Electric Vehicle Charging Station

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Auto-Chek, Midland Tire, Brake & Automotive Center, Reliable Collision Body Shop, Texland Collision Center, World Class Automotive

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.1076792
    Latitude
    31.9838702

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    FAQs

    What type of property is this?
    Auto shop - Prime location near Downtown Midland with highway access.
    Where is this auto shop located?
    The property is located at 3205 W Wall St Midland, TX.
    What is the asking price?
    The asking price for this property is $5,530,000.
    What are key features of this property?
    This property features: - 38,164 SF under roof on 5.38 Acres offers significant space and potential.; - Prime Retail-Industrial location near Downtown Midland with easy highway access.; - Current tenant lease expires January 31, 2027, providing opportunity for new lease or use.
    (432) 682-2510
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    3205 W Wall 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
    3205 W Wall St Midland, TX 79701
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