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Property profile & analytics
OFF-MARKET
Commercial real estate

413 Wadley Ave Midland, TX 79705

5,629 SF Built 2011
Property ID
US82-5203522
Property summary
AI-generated overview

This exceptional investment opportunity presents a 5,629 square foot retail building situated at 413 W Wadley Ave in Midland, Texas, zip code 79705. Built in 2011, this two-story structure sits on three lots totaling 0.58 acres and boasts a planned development zoning designation. The property features a clear ceiling height of 10 feet and ample parking, providing 3.55 spaces per 1,000 square feet. The asking price is $1,390,000, translating to $310.89 per square foot. This property is ideally suited for a variety of uses, including restaurant, office, and retail, given its versatile subtype classification. Its location on W Wadley Avenue, a high-traffic thoroughfare, ensures excellent visibility and accessibility. The property's walk score is 67, indicating a somewhat walkable neighborhood. The property is offered as an investment sale and is identified by APN R000027-378. This is a rare chance to acquire a well-located, established commercial property in a thriving Texas market. The building consists of one structure with a total of 5,629 square feet.

Property profile
Verified
Property type Commercial real estate
Year built 2011
Total area 5,629 SF
APN R000027-378
UPID US82-5203522
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
  • La Debo Na Alternative Medicine Practice Spa & Massage Center
  • LaDeboNa Salon and Dayspa Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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