5306 W Wall St, Midland, TX 79703
West Hwy 80 · Midland County
Key Facts
Description
Investment Opportunity – 8.5% Cap Rate. Take advantage of this exceptional income-producing property at 5306 W Wall St. in Midland. This 7,800 SF building sits on approximately 1.627 acres and offers stability and long-term profitability. Key Highlights Yield: 8.5% cap rate - annual CPI adjustments Building: 7,800 SF on a 1.627-acre lot Location: Excellent access with ~200 ft of frontage along HWY 80
Property Information
Property Type
Commercial Sale
Year Built
2008
Living Area
7,800 sq ft
Lot Size
1.63 acres
Days on Market
2
MLS® Listing#
174969
Property Features
Fencing
Construction
Roof
Utilities
Financial Details
HOA
None
Annual Taxes
$15,000
Parcel Number
R000205514
Directions
Adjacent property on northwest corner of W. Wall Street and Beal Parkway in Midland, Texas, with a physical address of 5306 W. Wall Street.
Affordability Calculator
$280,000
Estimated monthly payment
$7,451/mo
Principal $1,120,000 · Est. interest $1,562,500 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Midland, TX
- $436,585
- Median Listing Price
- 56
- Median Days on Market
- 2,305
- Median Sq Ft
- $187
- Median Price / Sq Ft
- 125
- Active Listings
- This home’s price is 221% above the area median.
- Its price per sq ft is 4% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Midland, TX.
Location
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Points of Interest in Midland, TX
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5108 FM 307, Midland, TX | $989,000 | — | — | 8,840 |
| 5609 E County Rd 95, Midland, TX | $999,999 | 4 | 4 | 3,560 |
| 2009 Brentwood Dr, Midland, TX | $1,050,000 | 5 | 4 | 3,970 |
| 9300 W County Rd 60, Midland, TX | $1,100,000 | — | — | 6,866 |
| 0000 Other, Midland, TX | $1,187,010 | — | — | — |
| 0000 N County Rd 1040, Midland, TX | $1,188,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Midland
Listing Courtesy: TROWER REALTORS - 4323333211
Presented by: Keith Trower