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    Property profile & analytics

    3510 N A St Midland, TX 79705

    • Commercial real estate
    • 83,000 SF
    For Lease
    View listing
    $21 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4454739
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Link Staffing / Employment Agency
    • The Kent Companies / Corporate Office
    • Information & Referral Midland / Social Services Organization
    • Casa De Amigos / Legal Services
    • UTPA / Drug Testing Service

    Property Details for 3510 N A St

    Property size
    83,000 SF
    Property type
    Commercial real estate

    Description

    Claydesta Plaza offers exceptional executive office space in Buildings A and B. This prime location boasts a total of 83,000 square feet of meticulously maintained office space, perfect for businesses of all sizes. Flexible floor plans allow for multiple tenancy arrangements, with a minimum divisible space of 10,000 square feet and the possibility of leasing the entire 83,000 square feet contiguously. The property is ideally suited for companies seeking a prestigious address and modern amenities. Currently, one space is immediately available, measuring 10,000 square feet, offering a fantastic opportunity for a business seeking to establish or expand its presence. The building's design and layout provide ample natural light and efficient workspace configurations. Interested parties are encouraged to inquire about pricing and availability to secure this exceptional opportunity within Claydesta Plaza. The property's strategic location provides easy access to major transportation routes and essential urban amenities, enhancing its appeal to businesses seeking both convenience and a professional image. This is a rare opportunity to secure high-quality office space in a desirable location. Contact us today to schedule a viewing and discuss your specific needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.0922712
    Latitude
    32.0310695

    Comparable in this City

    • $13 SF/Yr
      107,422 SF

      Colonnade at Polo Park Offices

      Midland, TX Office Suites Available
      4610 Garfield St, Midland, TX 79705
      View Details
    • $30 SF/Yr
      1,395 SF

      Unique Office Space in Midland

      Plug-and-play office space in the Claydesta area.
      15 Smith Rd, Midland, TX 79705
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    • Contact for pricing
      98,000 SF

      Executive Suites, North Midland

      Class A Office Space Available Now
      4000 Big Spring St, Midland, TX 79705
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    • $21 SF/Yr
      21,000 SF

      Modern Office Building For Rent

      Well-maintained office building with modern amenities and parking available.
      3510 N A St, Midland, TX 79705
      View Details
    • $30 SF/Yr
      4,500 SF

      Pagosa Shopping Center: Midland, TX

      Retail/Office Space Available in Growing Area
      6900 Tx-349, Midland, TX 79705
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    • Contact for pricing
      35,754 SF

      Midland Retail Center Opportunity

      Prime Midland location, multiple suites available
      3303 Midkiff Rd, Midland, TX 79705
      View Details

    Similar Nearby for Sale

    • $3,150,000
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      Midland Executive Office Building

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      Versatile Retail and Office Space

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      96,711 SF

      Midland, TX Executive Office Building

      Class A Office, 96,711 SF, 14.71 Acres
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    • $71,110
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      Land For Sale, Midland, TX

      Land available in Midland, TX, priced per acre.
      34 Miami Cv, Midland, TX 79705
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    • $75,000
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      Residential Lot in Midland, TX

      0.312 acre residential lot for sale in Midland, TX.
      2002 N Lamesa Rd, Midland, TX 79705
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      1,395 SF

      Unique Office Space in Midland

      Plug-and-play office space in the Claydesta area.
      15 Smith Rd, Midland, TX 79705
      View Details
    • $13 SF/Yr
      107,422 SF

      Colonnade at Polo Park Offices

      Midland, TX Office Suites Available
      4610 Garfield St, Midland, TX 79705
      View Details
    • Contact for pricing
      98,000 SF

      Executive Suites, North Midland

      Class A Office Space Available Now
      4000 Big Spring St, Midland, TX 79705
      View Details
    • $21 SF/Yr
      21,000 SF

      Modern Office Building For Rent

      Well-maintained office building with modern amenities and parking available.
      3510 N A St, Midland, TX 79705
      View Details
    • $30 SF/Yr
      4,500 SF

      Pagosa Shopping Center: Midland, TX

      Retail/Office Space Available in Growing Area
      6900 Tx-349, Midland, TX 79705
      View Details
    • Contact for pricing
      35,754 SF

      Midland Retail Center Opportunity

      Prime Midland location, multiple suites available
      3303 Midkiff Rd, Midland, TX 79705
      View Details
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    Midland, TX 79705
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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