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    2301 Wall St Midland, TX 79701

    For Sale
    Contact for pricing

    High-traffic location, prime for redevelopment.

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional retail redevelopment opportunity is situated at the premier intersection in Midland, Texas – W Wall Street and S Garfield Street – boasting an impressive 40,000 vehicles per day. The 0.95-acre site benefits from excellent co-tenancy and is conveniently located near Midland Memorial Hospital, one of Midland's top ten employers. Currently vacant, the existing structure will be demolished to create multiple retail pads, ideal for a variety of uses, including convenience stores, quick-service restaurants, and storefronts. The flexible space offers a range of sizes from 1,500 to 6,000 square feet, catering to diverse business needs. This is a unique chance to capitalize on a high-demand location in a thriving Texas market. The property's address is 2301 W Wall St, Midland, TX 79701. This redevelopment project presents a compelling investment opportunity in a high-traffic area with strong existing businesses and a significant employment base nearby. The site's strategic location and planned redevelopment ensure a high return on investment.

    Property Features for 2301 Wall St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,500 SF
    Lot Size
    41,382 SF

    HighLights

    • High‑traffic retail redevelopment opportunity at Midland's premier intersection (W Wall St & S Garfield St), with 40,000 vehicles per day.
    • Excellent co‑tenancy and proximity to Midland Memorial Hospital, a top ten employer.
    • 0.95‑acre site with existing structure to be demolished for multiple retail pad redevelopment; 1,500‑6,000 square feet available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -102.09947337388
    Latitude
    31.993111058907

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, prime for redevelopment.
    Where is this individual retail property located?
    The property is located at 2301 Wall St Midland, TX.
    What are key features of this property?
    This property features: High-traffic retail redevelopment opportunity at Midland's premier intersection (W Wall St & S Garfield St), with 40,000 vehicles per day.; Excellent co-tenancy and proximity to Midland Memorial Hospital, a top ten employer.; 0.95-acre site with existing structure to be demolished for multiple retail pad redevelopment; 1,500-6,000 square feet available.
    Request Owner's contact information
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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
    2301 Wall St Midland, TX 79701
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