Property profile

1005 Midland Dr Midland, TX 79703

OFF-MARKET
Land
0.45 ac lot
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Property summary

AI-generated overview

This exceptional 12,321 square foot Class B office building, completely renovated in 2023, presents a unique opportunity in Temple, Texas. Currently, 2,800 square feet of flexible coworking and creative office space is immediately available, perfect for a variety of businesses. The layout is designed to accommodate multiple individual offices, several conference rooms, and ample administrative workspaces, offering a versatile and efficient environment. The property boasts 28 parking spaces, a significant advantage in a busy area. Furthermore, an additional 0.40 acres of land is available for expansion, providing the potential for future parking needs. Strategically located near the intersection of IH-35 and Nugent Avenue, this central Temple location offers unparalleled highway access and convenient commutes. The minimum divisible space is 2,800 square feet, and the maximum contiguous space available is also 2,800 square feet. This is a single-suite building in Bell County. Don't miss this chance to secure a modern, well-equipped office space in a thriving location.

Property profile

Verified
Property type Land
Lot 0.45 ac (19,471 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1005 Midland Dr Midland, TX 79703
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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