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    Property profile

    3301 Bankhead Hwy Midland, TX 79701

    FOR SALE
    Specialty properties
    Property ID
    US82-4459917
    30,625 SF
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    3301 Bankhead Hwy, Midland, TX 79701 For Sale 1 / 24
    Contact for pricing 30,625 SF
    3301 Bankhead Hwy, Midland, TX 79701
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    Property summary

    AI-generated overview

    30,625 SF under roof on 3.46 Acres. The current Tenant is on a month-to-month lease agreement and pays significantly below market rent. The current lease rate is $2,631.81/month and has occupied the space since February 1, 2020. There is significant room for improving the lease rate on this site for the next owner. Prime Retail-Industrial opportunity near Downtown Midland on Wall Street with quick and easy highway access. 2 miles west from Downtown

    Property profile

    Verified
    Property type Specialty properties
    Total area 30,625 SF
    UPID US82-4459917

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Auto Parts Store
    1 occupant on record

    Location

    3301 Bankhead Hwy Midland, TX 79701
    Midland metro
    Google Maps

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • New
      Contact for pricing
      149,000 SF
      Land Under Absolute NNN Ground Lease
      Fee simple land is subject to a 99-year absolute NNN ground lease to an investment-grade tenant.
      300 N Marienfeld St, Midland, TX 79701
      View Details
    • $150,000
      0.19 Acres
      Retail Lot in Midland, TX
      Retail-zoned corner lot suitable for various business ventures.
      1905 S Lamesa Rd, Midland, TX 79701
      View Details
    • $384,900
      0.23 Acres
      Commercial Land with Interstate Frontage
      Residentially adaptable commercial land with direct interstate frontage for retail, hospitality, and mixed-use development planning.
      2407 Camp St, Midland, TX 79701
      View Details
    • $450,000
      3,200 SF
      Warehouse with Gated Yard
      Includes a 400 sq. ft. office and a gated yard within a 3,200 sq. ft. warehouse building.
      1609 E Taylor, Midland, TX 79701
      View Details
    • $7,498,730
      39,467 SF
      Automotive Service and Showroom Facility
      Large automotive property combining showroom, office, repair, warehouse, and outdoor yard areas.
      3705 W Wall St, Midland, TX 79701
      View Details
    • Contact for pricing
      Downtown Development Land Parcel
      Approximately 42,000 SF on the western half of Block 14 in the Homestead addition.
      105 E Louisiana Ave, Midland, TX 79701
      View Details

    Similar Nearby for Sale

    • New
      Contact for pricing
      149,000 SF
      Land Under Absolute NNN Ground Lease
      Fee simple land is subject to a 99-year absolute NNN ground lease to an investment-grade tenant.
      300 N Marienfeld St, Midland, TX 79701
      View Details
    • $150,000
      0.19 Acres
      Retail Lot in Midland, TX
      Retail-zoned corner lot suitable for various business ventures.
      1905 S Lamesa Rd, Midland, TX 79701
      View Details
    • $384,900
      0.23 Acres
      Commercial Land with Interstate Frontage
      Residentially adaptable commercial land with direct interstate frontage for retail, hospitality, and mixed-use development planning.
      2407 Camp St, Midland, TX 79701
      View Details
    • $450,000
      3,200 SF
      Warehouse with Gated Yard
      Includes a 400 sq. ft. office and a gated yard within a 3,200 sq. ft. warehouse building.
      1609 E Taylor, Midland, TX 79701
      View Details
    • $7,498,730
      39,467 SF
      Automotive Service and Showroom Facility
      Large automotive property combining showroom, office, repair, warehouse, and outdoor yard areas.
      3705 W Wall St, Midland, TX 79701
      View Details
    • Contact for pricing
      Downtown Development Land Parcel
      Approximately 42,000 SF on the western half of Block 14 in the Homestead addition.
      105 E Louisiana Ave, Midland, TX 79701
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,790 sqft
      Specialty Property with Industrial Frontage
      Specialty space on W Industrial Ave with covered parking, perimeter fencing, and city utilities including water, sewage, and natural gas.
      1007 W Industrial Ave, Midland, TX 79701
      View Details
    • New
      Contact for pricing
      693 sqft
      Executive Offices For Rent
      Executive offices and suites available for lease in Midland, Texas.
      601 N Marienfeld St, Midland, TX 79701
      View Details
    • New
      $25 SF/Yr
      Class A Office Suite
      Professional workspace within a downtown tower, near civic venues, dining, and convention facilities.
      550 W Texas Ave, Midland, TX 79701
      View Details
    • Contact for pricing
      125,258 sqft
      Downtown Midland Office Space
      Class B office space for lease in Downtown Midland, Texas.
      1004 N Big Spring St, Midland, TX 79701
      View Details
    • New
      Contact for pricing
      329,078 sqft
      Class A Office Tower
      Class A office space for lease in downtown Midland, TX.
      303 W Wall St, Midland, TX 79701
      View Details
    • Contact for pricing
      Class B Office Units
      Office space is available within a Class B property built in 1982.
      1004 N Big Spring St, Midland, TX 79701
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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