W 701-711 W Pennsylvania Ave, Midland, TX 79701
Secure, fenced truck yard paired with a large two-story repair shop and dedicated vehicle storage space.
- Added:
- Mar 25, 2026
- Days on Market:
- 84
- Last Refresh:
- Jun 15 at 6:41 am
Property Features for W 701-711 W Pennsylvania Ave
General Information
- Standard status
- Active
- Size
- 2,250 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2011
Listing agent Laura Miller. Broker ABR, GRI, SRS (432) 634-7043
Listing office RE/MAX Energy (432) 634-7043
Listing date Mar 25, 2026
Source Xome
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 RE/MAX Energy
HighLights
- Fenced truck yard with secure vehicle storage area
- Large two‑story repair shop measuring 75' x 30'
- Shop interior includes kitchen area, bathroom, office, and meeting room
- Cooling includes A/C (Other)
- Built in 2011
- Access via City Road with paved road
Overview
Located at W 701-711 W Pennsylvania Ave in Midland, TX 79701, the facility is positioned for tenants and buyers seeking an automotive-oriented setup with an outdoor yard for equipment and vehicles, along with enclosed workspace under one roof. The combination of shop area and fenced yard supports day-to-day workflow for service, repair, and storage needs.
For operators considering an in-house repair and storage model, the property offers a cohesive configuration: shop space for work, plus secure exterior space for staging and parking. The presence of an office and meeting room also supports customer coordination, internal discussions, or administrative use alongside the repair function. Offered for sale, it is well suited to an owner-operator or business seeking a ready-to-purpose automotive facility with fenced ground-level utility.
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 | $33.8k | $15.00 |
| − Vacancy | −$2.4k | −$1.05 |
| EGI | $31.4k | $13.95 |
| − OpEx | −$9.4k | −$4.19 |
| NOI | $22.0k | $9.76 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Hail Repair Pro Midland — 1300 S Garfield St, Midland, TX 79701
- Bill Williams Tire Center — 517 W Francis Ave, Midland, TX 79701
- Kent Lube — 1605 rankin hwy a, midland, tx 79701
- Kent Lube Fast Oil Change Center — 1605 Rankin Hwy Unit A, Midland, TX 79701
- ROADSERVICE & MOBIL CARWASH — 1408 Moran St, Midland, TX 79701
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.081452
- Latitude
- 31.990444
