413 Wadley Ave Midland, TX 79705
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.
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La Debo Na Alternative Medicine Practice Spa & Massage Center
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LaDeboNa Salon and Dayspa Hair Salon Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.