1215 Midkiff Rd Midland, TX 79703
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.