5006 Portico Way Midland, TX 79707
This exceptional 5,000-square-foot office building, located at 5006 Portico Way in Midland, Texas, presents a compelling investment opportunity. Situated on a 0.43-acre lot in Midland County, this Class B property boasts a versatile layout ideal for various professional uses. Built in 2016, the building is currently vacant, offering immediate occupancy for a new owner. The asking price is $1,275,000, translating to a competitive price per square foot of $255. The property's adaptable design makes it suitable for executive offices, medical offices, or traditional office setups. Its prime location in Midland, Texas, offers excellent access to local amenities and a thriving business community. The spacious lot provides ample parking and potential for future expansion. This turnkey property is ready for immediate occupation and represents a strong value proposition for discerning investors seeking a well-maintained, versatile office space in a desirable location. The property's 2016 construction ensures modern amenities and efficient functionality. This is an excellent opportunity to acquire a high-quality office building in a growing Texas market. The address is 5006 Portico Way, Midland, TX 79707.
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Paragrine Production LLC. Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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