3705 W Wall St Midland, TX 79701
39,467 SF facility on 5.003 Acres for sale.
- Added:
- Mar 11, 2026
- Days on Market:
- 123
- Last Refresh:
- Jul 4 at 4:28 am
Property Features for 3705 W Wall St
General Information
- Standard status
- Active
- Size
- 39,467 SF
- Lot size
- 5.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2002
Listing office NRG Realty Group (432) 363-4777
Listing date Mar 11, 2026
Source Crexi
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 NRG Realty Group
Investment Insights
Based on property information with market context.
Key Highlights
- ±39,467 SF former Honda dealership on 5.003 Acres with strong frontage, visibility, and access along W Wall Street.
- Ideal for automotive, fleet, equipment, or industrial users needing integrated showroom, office, service, and warehouse space.
- Extensive service area: 40' x 120' shop/storage, 80' x 170' warehouse with 17' clear height, 12 Rotary lifts, and (3) 12' x 12' overhead doors.
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 | $757.8k | $19.20 |
| − Vacancy | −$121.2k | −$3.07 |
| EGI | $636.5k | $16.13 |
| − OpEx | −$159.1k | −$4.03 |
| NOI | $477.4k | $12.10 |
Alternative Uses
Property Analytics
Current Use by Public Records
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