502 N Big Spring St - Office FOR SALE


Midland, TX 79701- Downtown Midland
$1,530,000 USD
432-559-4249
502 N Big Spring St, Midland, TX for Sale
$1,530,000 USD
Office - FOR SALE
1/6
null | 8% Cap Rate

502 N Big Spring St
Midland, TX 79701
Downtown Midland


HIGHLIGHTS

  • Convenient Downtown Location
  • Parking is accessible to building

OVERVIEW

Discover an exceptional office building investment opportunity in Midland, TX. This meticulously maintained 5,703 SF property, with a single unit, presents an attractive net leased office investment with a proven track record of 100% occupancy. Built in 1975 and diligently renovated in 2013, this asset reflects timeless quality and contemporary functionality. The favorable CB zoning and strategically advantageous Midland location further enhance the property's investment potential. Don't miss your chance to add this secure, income-producing asset to your portfolio in the thriving Midland area.

FOR SALE DETAILS

PRICE

$1,530,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sport Environmental Services

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

CB

APN/PARCEL ID

488000400060

ASK ABOUT THIS PROPERTY

Bill ScottReal Estate OneMore Info
432-559-4249

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Bill ScottReal Estate OneMore Info
432-559-4249

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.