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Property profile & analytics
FOR SALE
Commercial land

305 E Texas Ave Midland, TX 79701

27,000 SF
Property ID
US82-0295893
Property summary
AI-generated overview

305 E Texas is a multi-faceted building with a thoughtfully segmented design that currently houses Habitat for Humanity's Restore and office spaces. Divided into four segments, each with its own unique function and character. This segmentation contributes to the building's adaptability and allows it to efficiently serve multiple purposes. The largest section of the building spans a sprawling 12,000 SF. Adjacent to the largest section, are (2) 5,000 SF areas that add to the building's functionality and can both be utilized for a variety of purposes. Nestled within the building, the 5,000 SF office space that serves as the operational heart of Habitat for Humanity. Secure your place in this available Downtown Midland property. Positioned at the intersection of E Texas Ave and N Weatherford St, this prime 27,000 square foot corner lot offers an excellent opportunity for ownership. With convenient access to Business 20 and the entirety of Downtown, this location ensures ease of movement and accessibility.

Property profile
Verified
Property type Commercial land
Total area 27,000 SF
UPID US82-0295893
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
  • Midland Habitat for Humanity Charitable Organization Social Service Agency
  • Midland Habitat ReStore Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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