4708 N Midkiff Rd Midland, TX 79705
For Sale
1 / 2
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.