702 Andrews Hwy Midland, TX 79701
- Medical offices
- 3,099 SF
- 1.03 lot acres
Current Use by Public Records
- Almudena Ramos MD / Gastroenterologist / Internist
Property Details for 702 Andrews Hwy
- Lot size
- 1.03 lot acres
- Property size
- 3,099 SF
- Property type
- Medical offices
- APN
- R000214-648
Description
This exceptional investment opportunity presents a 3,099 square foot office building situated on a 1.03-acre lot in Midland, Texas. Located at 702 Andrews Hwy, this Class B property is zoned LR and offers a prime location amidst established businesses including Grand Buffet, Burger King, Whataburger, Chicken Express, Valero, and Pinkies Liquor. The property features ample parking, with a ratio of 8.17 spaces per 1,000 square feet. The main building, constructed in 1972, is currently configured as executive and/or medical office space. A second building on the site is slated for demolition, presenting significant potential for redevelopment or expansion. The asking price is $1,690,000, and the lease type is NNN. The property's single-story design and convenient location make it an attractive option for a variety of uses. The property's APN is R000214-648. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Texas market. The property's size and zoning provide flexibility for future development and adaptation to evolving market demands. This offering presents a strong return on investment potential for discerning buyers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.1068833
- Latitude
- 31.9986632
