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Office Building

4315 Thomason Dr, Midland, TX 79703

For Sale
New
$450,000

Commercial Sale, Midland, TX

Property Size4,150 SF
Lot Size0.54 Acres
Price / SF$108.43
Days on Market3

Property Features for 4315 Thomason Dr

General Information

Property type Commercial Sale
Property subtype Office
Subdivision Permian Estates
Standard status Active
Size 4,150 SF
Lot size 0.54 Acres

Additional Details

Currently Operating Yes
Property Use Office

Taxes and HOA fees

Tax Description Legal: Acres: 0.541, Subd: Permian Estates, BLK: 064, LOT: 01A, ADDN: Permian Estates, SEC 18
Tax Annual Amount 3552
Legal Description Legal: Acres: 0.541, Subd: Permian Estates, BLK: 064, LOT: 01A, ADDN: Permian Estates, SEC 18

Building Details

Year built 1977
Listing Agency: Heritage Real Estate
Listed By: Michelle Haggerty · License TX #0680913
Added: Nov 10 Last Checked: Nov 12 at 6:06PM
MLS# 50099575

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1977, this 4,150-square-foot building formerly served as Fire Station 6 and is now used for oilfield offices. The property is being sold in its current condition, with no repairs planned by the seller.

The 0.541-acre property is located at 4315 Thomason Dr in Midland, Texas. Its zoning is 01-Office.

Key Highlights

  • 4,150‑square‑foot building on 0.541 acres
  • Zoned 01‑Office
  • Built in 1977

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Daycare Center Pharmacy Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby

Demographics for 79703, TX

21,205
Population
8,110
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,262
Density / Sq Mi
$80,281
Median Household Income
$44,977
Median Earnings
$1,466
Median Rent
$220,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office buildings in Midland, TX

$192 Jul
$170 Aug
$177 Sep
$164 Oct

Properties on Market for Office buildings in Midland

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Currently used for oilfield offices, the property is zoned 01-Office.
Where is this office building located?
The property is located at 4315 Thomason Dr Midland, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4,150‑square‑foot building on 0.541 acres; Zoned 01‑Office; Built in 1977
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