Retail
For Sale
Contact for pricing
2816 W Wall St, Midland, TX 79701
Retail premises at 2816 W Wall St in Midland offer a commercial presence along a named street.
Property Size1,440 SF
Price / SF$1.04
Days on Market356
Property Features for 2816 W Wall St
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,899
Building Details
Building Size
1,440 SF
Year Built
1960
Listing Agency:
Brix & Co. Realty
(432) 201-1040
Listed By:
Jd Granado · License #0659056
(432) 208-3804
Source:
Gloriarealestate
Added: Nov 7, 2025
Changed: Oct 27
Last Checked: Oct 26 at 4:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brix & Co. Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property at 2816 W Wall St in Midland, Texas, dates to 1960. Its identified use is retail space, with the address placing it on W Wall St.
Key Highlights
- Located at 2816 W Wall St in Midland, Texas
- Year built: 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,062
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,240
$281.2K
Cap Rate 7%
$200,886
$200.9K
Cap Rate 9%
$156,244
$156.2K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$21.6K $15.00/SF
− Vacancy
−$1.5K −$1.05/SF
EGI
$20.1K $13.95/SF
− OpEx
−$6.0K −$4.19/SF
NOI
$14.1K $9.76/SF
Area
Midland, TX
Vacancy
7.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,240
Cap Rate 7%
$200,886
Cap Rate 9%
$156,244
Alternative Uses
Best Use
Retail
$200.9K
$175.8K – $234.4K
NOI $14,062 @ 7.0% cap · market cap 937.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.7K
$297.2K – $396.3K
NOI $23,777 @ 7.0% cap · market cap 1,585.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Home Improvements & Furnishings 35%
Hotels & Casinos 2%
McCoy's Building Supply
Home Improvements & Furnishings
5,243 visits/mo
0.5 miles
Cash America
Shops & Services
3,566 visits/mo
0.2 miles
U-Haul
Shops & Services
2,653 visits/mo
0.1 miles
Enterprise Rent-A-Car
Shops & Services
2,171 visits/mo
0.2 miles
Midas
Shops & Services
1,326 visits/mo
0.4 miles
Demographics for 79701, TX
29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail premises at 2816 W Wall St in Midland offer a commercial presence along a named street.
Where is this retail space located?
The property is located at 2816 W Wall St Midland, TX.
What are key features of this property?
This property features: Located at 2816 W Wall St in Midland, Texas; Year built: 1960
