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    Versatile Retail and Office Space Title is generated by Realmo AI

    2901 N Big Spring St, Midland, TX

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    Retail and office space available for sale in Midland, TX.

    Type:RETAIL
    Property size:
    5,487 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $159/SF
    Added:
    Sep 17, 2025
    Days on Market:
    278
    Last Refresh:
    May 19 at 9:05 pm

    Property Features for 2901 N Big Spring St

    General Information

    Standard status
    Active
    Size
    5,487 SF
    Lot size
    0.21 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Trey Dennis
    Trey Dennis

    Listing agent Trey Dennis License #723150

    Listing office Moriah Brokerage Services

    Listing date Sep 17, 2025

    Source Moodyscre

    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 Moriah Brokerage Services

    HighLights

    • Two Buildings Included: 2903 and 2901
    • 2903: 6 Offices, Reception, Kitchen, Open Office, Storage, Restrooms
    • 2901: 3 Offices, Conference Room, Shop Space, Restrooms, Storage Garage
    • Open Space Office in 2903 (cubicle ready)
    • Multiple Offices Suitable for Various Business Needs
    • Includes Kitchen and Conference Room

    Overview

    This property features two buildings suitable for retail or office use. The 2903 building includes six offices, a reception area, a kitchen, an open space office currently built out as cubicle space, storage closets, and restrooms. The 2901 building contains three offices, a conference room, shop space, restrooms, and a storage garage. The property offers a total size of 5487 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $105.4k $19.20
    − Vacancy −$16.9k −$3.07
    EGI $88.5k $16.13
    − OpEx −$22.1k −$4.03
    NOI $66.4k $12.10
    5,487 SF · lease $19.20/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $948.2K
    $829.6K – $1.11M (±1% cap)
    NOI $66,371 @ 7.0% cap · market cap 7.59%
    Second Best
    Retail
    $765.4K
    $669.8K – $893.0K (±1% cap)
    NOI $53,581 @ 7.0% cap · market cap 6.12%
    Theoretical Best
    Office A
    $1.29M
    $1.13M – $1.51M (±1% cap)
    NOI $90,601 @ 7.0% cap · market cap 10.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Integrity Optics Medical Supply Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center 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
    -102.083
    Latitude
    32.0255

    FAQs

    What type of property is this?
    Retail space - Retail and office space available for sale in Midland, TX.
    Where is this retail space located?
    The property is located at 2901 N Big Spring St Midland, TX.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Two Buildings Included: 2903 and 2901; 2903: **6 Offices**, Reception, Kitchen, Open Office, Storage, Restrooms; 2901: 3 Offices, Conference Room, Shop Space, Restrooms, Storage Garage
    (432) 682-2510 Call to check price and availability
    More about this property
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