Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1407 Illinois Ave Midland, TX 79701

    • Office space
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-2662251
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Vogel Robert A MD / Internist
    • Robert Allen Vogel / Internist
    • The Spot Gallery and Studios / Art Gallery
    • Jeffrey Hunter Atkins / Internist

    Property Details for 1407 Illinois Ave

    Property type
    Office space

    Description

    This exceptional 1,708-square-foot creative office space is available for lease in Midland, Texas. Located at 1407 West Illinois Avenue, this single-tenant building offers a highly desirable location just minutes from downtown, situated between North H and North G Streets. The property has been thoughtfully renovated for modern use and features a welcoming reception area, five private offices providing ample space for individual work or team collaboration, a convenient breakroom for employee relaxation, and two restrooms. Its adaptable layout makes it ideal for a variety of professional uses, including law firms, medical practices, or small oil and gas companies. The building's standalone design provides privacy and convenience, while its prime location ensures excellent accessibility and visibility. This lock-and-leave office building offers a blend of functionality and a desirable location in Midland County, Texas, making it an attractive opportunity for businesses seeking a modern and efficient workspace. The property's zip code is 79701. This is a fantastic opportunity to secure a well-appointed office space in a thriving Texas city.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.0902652
    Latitude
    31.9973841

    Comparable in this City

    • $20 SF/Yr
      1,453 SF

      Downtown Midland Office Space Available

      Two office towers in downtown Midland available for lease.
      201-203 W Wall St, Midland, TX 79701
      View Details
    • $20 SF/Yr
      6,885 SF

      Downtown Midland Office Sublease

      Office space in downtown Midland near amenities and attractions.
      500-550 W Texas Ave, Midland, TX 79701
      View Details
    • $25 SF/Yr
      5,400 SF

      Rankin Hwy Office Space

      Midland, TX Office Suites Available
      1410 Rankin Hwy, Midland, TX 79701
      View Details
    • $23 SF/Yr
      3,650 SF

      Downtown Midland Office Space Available

      Professionally designed office space with ample parking in downtown Midland.
      1509 W Wall St, Midland, TX 79701
      View Details
    • $1.00 SF/Yr
      4,800 SF

      Flex Space with Office/Warehouse

      4,800 SF flex space featuring office and warehouse components.
      311 E Illinois Ave, Midland, TX 79701
      View Details
    • Contact for pricing
      99,425 SF

      Class A Office Tower

      Class A office space for lease in Downtown Midland, Texas.
      310 W Wall St, Midland, TX 79701
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,365 SF

      Midland Office Space Available

      Office space for sale in Midland, Texas, 4365 square feet.
      303-310 W Wall St, Midland, TX 79701
      View Details
    • $1,900,000
      6,800 SF

      High-Visibility Commercial Property on Acre

      Versatile commercial property ideal for retail, office, or mixed-use.
      201 E Florida Ave, Midland, TX 79701
      View Details
    • $2,300,000
      27,000 SF

      Versatile Midland Property for Sale

      Multi-faceted building with warehouse and office space in Downtown Midland.
      305 E Texas Ave, Midland, TX 79701
      View Details
    • $3,800,000
      30,396 SF

      Former Newspaper Building in Midland

      Expansive property with redevelopment potential in the heart of Midland.
      201 E Illinois Ave, Midland, TX 79701
      View Details
    • $2,500,000
      5,166 SF

      Midland Office Building For Sale

      Free-standing office building near Downtown Midland, suitable for small company.
      1801-1805 W Wall St, Midland, TX 79701
      View Details
    • $5,500,000
      24,775 SF

      Downtown Midland Office Building

      Three-story office building in downtown Midland, Texas.
      200 W Illinois Ave, Midland, TX 79701
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      6,885 SF

      Downtown Midland Office Sublease

      Office space in downtown Midland near amenities and attractions.
      500-550 W Texas Ave, Midland, TX 79701
      View Details
    • $25 SF/Yr
      5,400 SF

      Rankin Hwy Office Space

      Midland, TX Office Suites Available
      1410 Rankin Hwy, Midland, TX 79701
      View Details
    • $20 SF/Yr
      1,453 SF

      Downtown Midland Office Space Available

      Two office towers in downtown Midland available for lease.
      201-203 W Wall St, Midland, TX 79701
      View Details
    • $23 SF/Yr
      3,650 SF

      Downtown Midland Office Space Available

      Professionally designed office space with ample parking in downtown Midland.
      1509 W Wall St, Midland, TX 79701
      View Details
    • $1.00 SF/Yr
      4,800 SF

      Flex Space with Office/Warehouse

      4,800 SF flex space featuring office and warehouse components.
      311 E Illinois Ave, Midland, TX 79701
      View Details
    • $17 SF/Yr
      189,215 SF

      Wall Towers Office Space Available

      Midland, TX Office Buildings - 16 Suites
      201 Wall St, Midland, TX 79701
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1407 Illinois Ave
    Midland, TX 79701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.