201 E Illinois Ave Midland, TX 79701
- Commercial real estate
- 30,396 SF
- 1.98 lot acres
Current Use by Public Records
- MRT Media Group / Marketing Agency
- Digital Basin / Hunting Area
Property Details for 201 E Illinois Ave
- Year built
- 1960
- Lot size
- 1.98 lot acres
- Property size
- 30,396 SF
- Property type
- Commercial real estate
Description
This exceptional 30,396 square foot office building, situated on a 1.98-acre lot in Midland, Texas, presents a unique redevelopment opportunity. Originally constructed in 1960, this two-story building, formerly home to the Midland Reporter Telegram, is currently in shell condition, offering a blank canvas for a modern transformation. The property boasts a desirable C & CB zoning (Commercial & Central Business District), allowing for diverse commercial uses. Its prime location on 201 E Illinois Ave, at the corner of N Baird Street, offers high visibility and convenient access to Business 20, Centennial Park, the Bush Convention Center, and numerous restaurants and other downtown businesses. The building includes an 11,700 square foot basement, office space, warehouse space, and a loading dock. City utilities, including sewer and water, are readily available. Ample parking caters to both employees and clients, making it ideal for a corporate headquarters or other large-scale office development. This property represents a significant investment opportunity in a thriving Texas city.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.0728914
- Latitude
- 32.0001279
