2106 Michigan Ave Midland, TX 79701
This exceptional 1,574-square-foot office building, situated at 2106 W Michigan Ave in Midland, Texas, presents a compelling investment opportunity. Built in 1949, this single-story structure sits on a 0.209-acre lot and offers a versatile layout ideal for medical or traditional office uses. The property boasts a welcoming reception area and waiting room, perfect for client interaction, along with a spacious break room for staff convenience. Four individual office spaces provide ample room for employees or specialists, complemented by a dedicated storage area. Convenient parking is available both in the front and rear of the building, ensuring easy access for staff and clients. Its prime location in Midland, Texas, offers close proximity to Midland Memorial Hospital (MMH) and the downtown area, providing excellent visibility and accessibility. The asking price for this well-maintained property is $428,000. This represents a strong value proposition for investors seeking a well-located, functional office space in a thriving Texas market. The property's existing infrastructure and layout make it immediately ready for occupancy, minimizing upfront investment costs. This is a rare opportunity to acquire a well-established office building in a desirable location. Don't miss out on this chance to expand your business or add to your investment portfolio.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.