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Property profile & analytics
OFF-MARKET
Retail space

1215 Midkiff Rd Midland, TX 79703

4,600 SF 0.52 ac lot Built 1971
Property ID
US82-2244002
Property summary
AI-generated overview

This exceptional retail property, located at 1215 N Midkiff Rd in Midland, Texas, presents a compelling redevelopment opportunity. The 4,600 square foot building sits on a 0.518-acre lot, offering ample parking for customers. Built in 1971, the single-story structure boasts a high-visibility location on Midkiff Road, conveniently situated near the intersection of Andrews Highway, ensuring significant foot and vehicle traffic. The asking price is $1,300,000, translating to $282.61 per square foot. This property is ideal for owner-users seeking a redevelopment project, allowing for customization to suit a variety of retail concepts, including convenience stores, quick-service restaurants, or storefronts. The property's zoning and potential uses should be verified independently. The property's APN is R000030781. This is a rare chance to acquire a well-positioned retail space in a thriving Texas market. The substantial lot size and prime location make this an attractive investment for those seeking a high-return opportunity. Serious inquiries only.

Property profile
Verified
Property type Retail space
Year built 1971
Total area 4,600 SF
Lot 0.52 ac (22,564 SF)
APN R000030781
UPID US82-2244002
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Eskimo Hut Midland Daiquiri's To-Go Grocery & Convenience Store
  • Lu Rue Hair Salon Nail Salon
  • GC barber midland Barber Shop
  • Yonatan Barber shop💈 Barber Shop
  • Taqueria El Dollar #2 Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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