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    201 Wall St Midland, TX 79701

    For Lease
    $17 SF/Yr

    Midland, TX Office Buildings - 16 Suites

    Lot size:
    189,215 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents two prominent office buildings, the East and West Wall Towers, located in vibrant Downtown Midland, Texas. The property encompasses a total of 189,215 square feet across two buildings, offering a range of suite sizes from a minimum of 163 square feet to a maximum contiguous space of 7,545 square feet. Currently, 20,734 square feet are available for lease across 16 individual suites. The East Tower, a 9-story building (66,000 square feet), was constructed in 1963, while the West Tower, a 12-story building (123,215 square feet), was built in 1968. Both buildings are classified as Class B and sit on a 0.55-acre lot. The property's convenient downtown location offers easy access to Centennial Park, Pi Social, Opal's Table, and Cancun Bar and Grill. The property is zoned C1 and features Midland County APN numbers R000035-375 and R000035-376. The address is 201 W Wall St, Midland, TX 79701. This multi-tenant property offers a unique blend of history and modern convenience in a thriving Texas city. The buildings boast a total of 12 suites.

    Property Features for 201 Wall St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    189,215 SF
    Class
    B
    Total Rate
    268054.58

    Building Details

    Year Built
    2018
    Buildings
    2
    Stories
    11

    Unit(s) available at that property

    Space
    3rd Floor - Suite West 330
    Size
    1,453 SF
    Rate per SF
    $18
    Space
    5th Floor - Suite West 524
    Size
    2,557 SF
    Rate per SF
    $19
    Space
    3rd Floor - Suite West 309
    Size
    1,629 SF
    Rate per SF
    $19
    Space
    3rd Floor - Suite East 345
    Size
    521 SF
    Rate per SF
    $17
    Space
    10 Floor - Suite West 1004
    Size
    1,056 SF
    Rate per SF
    $19
    Space
    10th Floor - Suite West 1002
    Size
    1,531 SF
    Rate per SF
    $21
    Space
    6th Floor - Suite West 601
    Size
    2,970 SF
    Rate per SF
    $18
    Space
    8th Floor - Suite West 808
    Size
    5,616 SF
    Rate per SF
    $20
    Space
    4th Floor - Suite East 400
    Size
    1,857 SF
    Rate per SF
    $19
    Space
    9th Floor - Suite West 920
    Size
    2,652 SF
    Rate per SF
    $18
    Space
    8th Floor - Suite East 804
    Size
    2,322 SF
    Rate per SF
    $20
    Space
    4th Floor - Suite East 403
    Size
    3,908 SF
    Rate per SF
    $19
    Space
    5th Floor - Suite East 517
    Size
    810 SF
    Rate per SF
    $17
    Space
    5th Floor - Suite East 530
    Size
    2,181 SF
    Rate per SF
    $18
    Space
    10th Floor - Suite West 1006
    Size
    1,801 SF
    Rate per SF
    $19
    Space
    5th Floor - Suite East 515
    Size
    810 SF
    Rate per SF
    $17

    HighLights

    • 9‑story, 66,000 SF East Tower built in 1963.
    • 12‑story, 123,513 SF West Tower built in 1968.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Midland ABM Office Property Maintenance The Good Good Juice ... Juice Shop K. Renae Salon Hair Salon Wall Street Country ... Corporate Office Ted W. Walters ... Business To Business Service

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.07589567178
    Latitude
    31.997455666365

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    FAQs

    What type of property is this?
    Office Property Space - Midland, TX Office Buildings - 16 Suites
    Where is this office property space located?
    The property is located at 201 Wall St Midland, TX.
    What is the lease rate?
    The lease rate is $17-$21 SF/Yr.
    What are key features of this property?
    This property features: 9-story, 66,000 SF East Tower built in 1963.; 12-story, 123,513 SF West Tower built in 1968.;
    Request Owner's contact information
    201 Wall St Midland, TX 79701
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    Midland, TX 79701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Wall St Midland, TX 79701
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