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Property profile & analytics
OFF-MARKET
Commercial real estate

2408 Big Spring St Midland, TX 79705

16,828 SF
Entity Owned 5-yr Hold
Property ID
US82-0354134
Property summary
AI-generated overview

This exceptional two-story office building, totaling approximately 16,828 square feet of Net Rentable Area (NRA), is strategically located on high-traffic Big Spring Street in Midland, Texas, offering convenient access to Loop 250. The property sits on a sizable lot of approximately 26,000 square feet, providing ample space for parking. The building features a well-designed executive office layout spread across two stories, complete with an elevator for easy access to all levels. Parking is readily available, with both covered and surface options to accommodate tenants and visitors. The building is currently vacant due to the owner's relocation to a larger facility. This presents a unique opportunity for a business seeking a substantial, well-maintained office space in a prime Midland location. The property's size, location, and amenities make it an ideal investment for a variety of commercial uses. The single-tenant occupancy allows for immediate use or customization to suit a specific business's needs. Located in Midland County, Texas, with a 79705 zip code, this property offers excellent visibility and accessibility. The building's design and features are well-suited for a range of professional businesses. Contact us today to learn more about this outstanding opportunity.

Property profile
Verified
Property type Commercial real estate
Total area 16,828 SF
UPID US82-0354134
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
  • Professional Lube Management Auto Repair Shop
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
Kent Distributors INC · 5 yrs held
Kent Distributors INC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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