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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3400 N Big Spring St Midland, TX 79705

Built 1965
Property ID
No photo on file
Map unavailable
Property summary
AI-generated overview

This exceptional 3,200 square foot standalone retail building presents a unique investment opportunity in Midland, Texas. Situated on a sizable 0.63-acre lot, this property boasts ample parking and high visibility on North Big Spring Street, a major thoroughfare with an impressive Average Daily Traffic (ADT) count of 30,048 vehicles. The building recently underwent a significant renovation, adding 1,000 square feet to its original footprint, resulting in a versatile space ideal for a variety of commercial uses. Previously utilized as an animal hospital, the adaptable layout is well-suited for office space, an event center, or other retail ventures. The property benefits from convenient access, city utilities (water and sewer), and is zoned RR (Regional Retail District). A prominent pylon sign is also included, enhancing visibility and brand recognition. Its strategic location just north of the signalized intersection of Big Spring and Wadley ensures maximum exposure to a large customer base. The ample paved parking lot provides convenient parking for both employees and customers. This is a prime opportunity to acquire a well-maintained, highly visible commercial property in a thriving Midland location. The asking price is $1,200,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1965
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
  • Brown Morgan DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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