Back to Search
Midland Commercial Property on 2.85 Acres

3915 W Wall St Midland, TX 79701

Claim this Listing
For Sale
$2,150,000

COMMERCIAL - Midland, TX

Property size:
14,600 SF
Lot size:
2.85 Acres
Price / SF:
$147/SF
Added:
May 26, 2026
Days on Market:
47
Last Refresh:
Jul 10 at 11:06 pm

Property Features for 3915 W Wall St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
14,600 SF
Lot size
2.85 Acres

Taxes and HOA fees

Tax Description
Legal: Acres: 2.207, BLK: 001, LOT: 001, ADDN: LINCOLN MERCURY
Tax Annual Amount
23457

Building Details

Year built
1976

Listing agent Chris Beckett Broker Owner CRS GRI ASR e-Pro

Listing office Pine & Beckett - Chris Beckett 4400 N BIG SPRING ST. STE E-100, Austin, TX

Listing date May 26, 2026

MLS# 50095476

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial property in Midland, TX, offers an incredible opportunity with 2.85 acres on a single tract. It features frontage on Wall Street, with a traffic count of 20,387 vehicles per day, and rear frontage on BankHead Highway, with a traffic count of 3,339 vehicles per day. The property includes a 14,600 square foot footprint, with 5,400 square feet dedicated to showroom and office space, and 9,200 square feet for the shop and mechanics lounge. The property is ideally suited as a fleet oil service station for large trucks and 18-wheelers, with ample room and proximity to the Interstate. The renovated appraised value is $3.86 million, and the as-is appraised value as of April 6, 2023, is $2.42 million.

Key Highlights

  • 2.85 acre tract with frontage on Wall St. and BankHead Highway
  • Ideal for a Fleet Oil Service station for large trucks/18 wheelers
  • Close proximity to Interstate

Local Financial Insights For Retail

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 $219.0k $15.00
− Vacancy −$15.3k −$1.05
EGI $203.7k $13.95
− OpEx −$61.1k −$4.19
NOI $142.6k $9.76
14,600 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,569 @ 7.0% cap · market cap 6.63%
Second Best
Industrial
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $130,961 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$3.44M
$3.01M – $4.02M (±1% cap)
NOI $241,075 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Automotive Repair and Collision ... Auto Repair Shop A.R.C.O.M (Automotive Repair ... Auto Repair Shop A-R-C-O-M (AUTOMOTIVE REPAIR ... Auto Repair Shop Midland Mitsubishi Car Dealership

Suggested Use

Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Pharmacy Restaurant Nail Salon Skin Care Clinic Garden Center

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

FAQs

What type of property is this?
Truck stop - 2.85 acres with frontage on Wall St. and BankHead Highway.
Where is this truck stop located?
The property is located at 3915 W Wall St Midland, TX.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 2.85 acre tract with frontage on Wall St. and BankHead Highway; Ideal for a Fleet Oil Service station for large trucks/18 wheelers; Close proximity to Interstate
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message