Listing Agency: NRG Realty Group - Dallas/Fort Worth Show Phone

Listed By: Justin Dodd · License #9004023 Show Phone

Source: Moodyscre

Added: Jul 22, 2024 Changed: Oct 4 Last Checked: Oct 20 at 11:47PM

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• Turn‑key for an event/entertainment center
• 15,452 sf on 1.66 acres
• Features stage, bars, kitchen, lighting, and ticket office

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Crown Royal Club Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

264

Businesses Nearby

6k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

6,454 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

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