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Property profile & analytics
FOR SALE
Auto shops

3705 W Wall St Midland, TX 79701

39,467 SF
Entity Owned 6-yr Hold
Property ID
US82-0259953
Property summary
AI-generated overview

This property offers approximately 39,467 square feet of improvements, situated on approximately 5.003 acres of land. Formerly a Honda dealership, it features 32 bays with 24 lifts, providing ample shop space equipped with the necessary tools for a dealership operation. All office bathrooms are ADA compliant. Additional highlights include a heated shop, pre-wired for HVAC, and an insulated warehouse. The property is equipped with two showrooms and a paint booth with a separate bay. The Internet infrastructure has been upgraded to fiber via AT&T for high-speed connectivity. Recent updates to the roof and HVAC systems have been completed. The property is located on a highly trafficked street with frontage on Wall Street. There are numerous additional features, including but not limited to: a tire changer, balancer, screw compressors, lifts, and much more. Please refer to the attached images for further details.

Property profile
Verified
Property type Auto shops
Total area 39,467 SF
UPID US82-0259953
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
  • GraphX & Wraps LLC Marketing & Advertising Advertising Agency
  • Classic Honda of Midland Car Dealership
  • Honda Parts Center Auto Parts Store
  • Honda Service Center 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
Mid Partners Ltd · 6 yrs held
Mid Partners Ltd
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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