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Property profile & analytics
FOR SALE
Commercial real estate

4708 N Midkiff Rd Midland, TX 79705

2,624 SF
Entity Owned 2-yr Hold
Property ID
US82-1298053
Property summary
AI-generated overview

This exceptional commercial property at 4708 N Midkiff Rd, Midland, TX 79705, presents a unique investment opportunity. The 2,624 square foot office building sits on a sizable 0.7-acre lot, offering significant development potential. Its prime location boasts nearly 120 feet of direct street frontage on Midkiff Road, ensuring high visibility and accessibility for any business. The high-traffic commercial area surrounding the property provides excellent exposure to a large customer base. Nearby amenities include Midland Park Mall, various grocery and craft stores, restaurants, apartments, and single-family homes, creating a vibrant and convenient environment. The existing office building provides immediate income potential or a solid foundation for redevelopment. The expansive lot size allows for a multitude of uses, making this property ideal for a wide range of commercial ventures. The asking price is $875,000. This is a rare chance to acquire a substantial commercial property in a thriving Texas market with excellent growth prospects. The property's strategic location and ample space make it an attractive investment for both established businesses and ambitious entrepreneurs. Don't miss this opportunity to secure a prime piece of Midland real estate.

Property profile
Verified
Property type Commercial real estate
Total area 2,624 SF
UPID US82-1298053
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
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
Jd Jones Property Holdings LLC · 2 yrs held
Jd Jones Property Holdings LLC
since 2024
4 recorded transactions
2024
Price N/A
2023
Price N/A
2021
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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