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    6409 N Big Spring St Midland, TX 79705

    For Lease
    $28 SF/Yr ($2,916 /Mo)

    New retail shopping center in a growing residential area.

    Property size:
    1,250 SF
    Lot size:
    2.77 Acres

    Property Features for 6409 N Big Spring St

    General Information

    Size
    1,250 SF
    Lot size
    2.77 Acres

    Source: Moriah Brokerage Services Agent Trey Dennis

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

    Overview

    New Retail Space Available

    A new retail shopping center is under construction in one of the fastest-growing residential development areas in Midland. The new construction will feature unique architectural design and high-quality finishes. Tenant Improvement (TI) Allowance is available for personalized customization, and shell space provides versatility to cater to diverse business needs. Pylon signage is available, and the property offers excellent visibility from TX-349. The delivery is expected in Q2 2024. The area is expected to see continued growth with 2,000 residential homes coming to market soon. Limited retail space is available in one of the fastest-growing residential development areas in the Permian Basin. The property size is 1250 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.082842
    Latitude
    32.053328

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    FAQs

    What type of property is this?
    Shopping center - New retail shopping center in a growing residential area.
    Where is this shopping center located?
    The property is located at 6409 N Big Spring St Midland, TX.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Located in a fast-growing residential development area in Midland.; - New construction retail space.; - Excellent visibility from TX-349.
    (432) 682-2510
    Request Owner's contact information
    6409 N Big Spring St 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
    6409 N Big Spring St Midland, TX 79705
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