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    FOR SALE
    Auto shops

    3705 W Wall St, Midland, TX 79701

    39,467 SF
    Entity Owned 5-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 · 5 yrs held
    Mid Partners Ltd
    since 2020
    1 recorded transaction
    2020
    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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