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Property profile & analytics
OFF-MARKET
Office Units

1407 Illinois Ave Midland, TX 79701

Entity Owned 1-yr Hold
Property ID
US82-2662251
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Units
UPID US82-2662251
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
  • Vogel Robert A MD Physician
  • Robert Allen Vogel Physician
  • The Spot Gallery and Studios Art Gallery
  • Jeffrey Hunter Atkins Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Godn Investment LLC · 1 yrs held
Godn Investment LLC
since 2024
2 recorded transactions
2024
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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