Building Details

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Listing Agency: Sisniega Real Estate

Listed By: Lucy Sisniega · License #9011102

Source: Crexi

Added: Jan 11, 2024 Changed: Sep 13 Last Checked: Sep 14 at 5:20AM

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Investment Insights

Based on property information with market context.

The property is approximately 1.03 acres and includes an existing 3,099 square foot building constructed in 1972. A second building on the site is slated for demolition. The zoning is LR. The surrounding area includes businesses such as Grand Buffet, Burger King, Whataburger, Chicken Express, Valero, and Pinkies Liquor store.

Key Highlights

• Approximately 1.03 acre site.
• Includes a 3,099 sf building.
• Zoned LR.

Property Analytics

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Current Use

Almudena Ramos MD Physician

Suggested Use

Top Pick Parking Lot & Garage Law Firm HVAC Service Storage Facility Computer & Electronic Repair 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.

Location Intelligence

Trade Area within ½ mile

1,445

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail properties & spaces located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail property - 1.03 acre site with 3,099 SF building for sale.

Where is this retail property located?

The property is located at 702 Andrews Hwy Midland, TX.

What is the asking price?

The asking price for this property is $1,590,000.

What are key features of this property?

This property features: Approximately 1.03 acre site.; Includes a 3,099 sf building.; Zoned LR.