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4606 W Wall St Midland, TX 79703

Specialty properties Google Maps
16,416 SF 1.98 ac lot Built 1965
Entity Owned 4-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US82-2870753

Property summary

AI-generated overview

This exceptional 16,416-square-foot mixed-use building presents a compelling investment opportunity in Midland, Texas. Situated on a sizable 1.98-acre lot, the property offers significant flexibility for a variety of uses. Currently vacant, this building, constructed in 1965, is zoned C3 and boasts approximately 150 feet of frontage on West Wall Street. Its prime location provides excellent visibility and accessibility, situated less than a mile from the highly trafficked intersection of Wall Street and Loop 250. The property includes paved parking and perimeter fencing, adding to its functionality and security. Previously used as a medical clinic, the building's spacious layout is well-suited for a range of businesses, including veterinary hospitals, emergency animal clinics, retail establishments, or office spaces. The asking price is $900,000. This property offers a rare chance to acquire a substantial building in a desirable Midland location with significant potential for future growth and return on investment. The ample lot size and existing infrastructure provide a solid foundation for immediate occupancy or future development. Don't miss this opportunity to secure a prime commercial property in a thriving Texas market.

Property profile

Verified
Property type Specialty properties
Year built 1965
Total area 16,416 SF
Lot 1.98 ac (86,249 SF)
UPID US82-2870753

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
  • Veterinary Clinic

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2019
Price N/A

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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