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Two-Tenant Residential Income Property
For Sale
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410 W Cuthbert Ave, Midland, TX 79701

O-1 zoning accommodates office use alongside several additional use possibilities identified for the property.

Property SizeContact for details
Days on Market143

Property Features for 410 W Cuthbert Ave

General Information

Standard status Active
Property subtype Office
Zoning O-1

Building Details

Tenancy Multi
Listing Agency: thisRealty
Listed By: Dub House, CCIM · License #Texas 296610
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:50PM

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 thisRealty

Investment Insights

Based on property information with market context.

Located at 410 W Cuthbert Ave in Midland, this property is currently configured as industrialized housing and occupied by two tenants who pay rent weekly. The asset is classified within the residential income property category and is offered for sale.

The property carries O-1 office zoning and is near downtown Midland and Big Spring Street. Additional use possibilities identified for the zoning include assisted living nursing home, industrialized housing, adult day-care service, antique shop, art gallery, and alcohol beverage sales for on-premise consumption subject to city approval.

Key Highlights

  • Two tenants currently occupy the property
  • Current use is industrialized housing
  • Weekly rent payments from existing tenants

Property Analytics

Current Use

Absolute Construction Hardware & Home Improvement

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Parking Lot & Garage Gym & Fitness Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,163
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Residential income property - O-1 zoning accommodates office use alongside several additional use possibilities identified for the property.
Where is this residential income property located?
The property is located at 410 W Cuthbert Ave Midland, TX.
What are key features of this property?
This property features: Two tenants currently occupy the property; Current use is industrialized housing; Weekly rent payments from existing tenants
More about this property
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