Technical
Financial
Distress signals
Property profile

413 Wadley Ave Midland, TX 79705

OFF-MARKET
Retail properties & Spaces
Property ID
US82-5203522
5,629 SF Built 2011
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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 Retail properties & Spaces
Year built 2011
Total area 5,629 SF
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

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Hair Salon Nail Salon

Location

413 Wadley Ave Midland, TX 79705
Midland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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