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    1110 E Scharbauer Dr Midland, TX 79705

    For Sale
    $1,499,000

    Turn-key event and entertainment center on 1.66 acres.

    Property size:
    15,452 SF
    Lot size:
    1.73 Acres

    Property Features for 1110 E Scharbauer Dr

    General Information

    Size
    15,452 SF
    Lot size
    1.73 Acres

    Source: NRG Realty Group - Dallas/Fort Worth Agent Justin Dodd

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

    Overview

    Event and Entertainment Center

    This property, previously an event and entertainment center, offers 15,452 square feet of space on a 1.66-acre lot. The well-maintained, family-owned facility includes multiple management offices, a stage, bars, a kitchen, lighting, and a ticket office. It is designed to be turn-key for use as an event or entertainment center. The property also features excellent parking and carport spaces.
    Insight Report Location Intelligence

    Current Use by Public Records

    Crown Royal Club Event Venue

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.0707377
    Latitude
    32.0207465

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    FAQs

    What type of property is this?
    Theater & concert hall - Turn-key event and entertainment center on 1.66 acres.
    Where is this theater & concert hall located?
    The property is located at 1110 E Scharbauer Dr Midland, TX.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - Turn-key for an event/entertainment center; - 15,452 sf on 1.66 acres; - Features stage, bars, kitchen, lighting, and ticket office
    (214) 534-7976
    Request Owner's contact information
    1110 E Scharbauer Dr Midland, TX 79705
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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
    1110 E Scharbauer Dr Midland, TX 79705
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