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2402 W Wall St
Midland, TX 79701
Office Property For Sale
INVESTMENT HIGHLIGHTS
- STAND ALONE BUILDING
- EASE OF ACCESS TO DOWNTOWN MIDLAND
- MINUTES FROM ODESSA
- 1.34 ACRES
- NEAR MIDLAND MEMORIAL HOSPITAL
- HIGH TRAFFIC AND GREAT VISIBILITY
EXECUTIVE SUMMARY
-Tenant in place until October 31, 2026.
-Possible to negotiate renewal and extend term.
*High-Visibility & Traffic Exposure
• Situated on W. Wall Street, one of Midland’s main commercial corridors with significant daily vehicle exposure and excellent visibility. Wall Street connects major residential areas to downtown and is a primary east-west artery through the city — positioning your property in a high-movement trade area.
• Surrounding properties along Wall Street are actively marketed as high-traffic locations with strong exposure, showing how desirable this corridor is for business.
• Just a short drive from Midland’s downtown core, with major landmarks such as Frost Tower and Bank of America Building just minutes east along W. Wall Street.
• Easy, direct access to downtown office tenants, legal firms, dining, hospitality, and commercial activity — making this property highly attractive for employees and clients alike.
*Proximity to Major Healthcare Employers
• Midland Memorial Hospital (MMH) — the region’s largest hospital and employment center — is just blocks away, providing an appealing location for medical-related tenants, physician practices, outpatient services, or wellness providers.
• Nearby Wall Street Internal Medicine and Premier Physicians operate at this same address, demonstrating the area’s established healthcare activity and demand.
• This proximity speaks to convenience for both patients and healthcare professionals — a strong selling point for medical uses.
*Strategic Traffic & Connectivity
• Wall Street carries traffic between residential neighborhoods, major commercial zones, and downtown — making it a destination corridor for commuters and local traffic alike.
• Its connectivity to Highway 349 and Loop 250 provides added regional access for patients, staff, and visitors — critical for medical and office tenants.
• Close proximity to Midland International Air & Space Port (˜10 min drive) enhances access for out-of-town clients and professionals.
-Possible to negotiate renewal and extend term.
*High-Visibility & Traffic Exposure
• Situated on W. Wall Street, one of Midland’s main commercial corridors with significant daily vehicle exposure and excellent visibility. Wall Street connects major residential areas to downtown and is a primary east-west artery through the city — positioning your property in a high-movement trade area.
• Surrounding properties along Wall Street are actively marketed as high-traffic locations with strong exposure, showing how desirable this corridor is for business.
• Just a short drive from Midland’s downtown core, with major landmarks such as Frost Tower and Bank of America Building just minutes east along W. Wall Street.
• Easy, direct access to downtown office tenants, legal firms, dining, hospitality, and commercial activity — making this property highly attractive for employees and clients alike.
*Proximity to Major Healthcare Employers
• Midland Memorial Hospital (MMH) — the region’s largest hospital and employment center — is just blocks away, providing an appealing location for medical-related tenants, physician practices, outpatient services, or wellness providers.
• Nearby Wall Street Internal Medicine and Premier Physicians operate at this same address, demonstrating the area’s established healthcare activity and demand.
• This proximity speaks to convenience for both patients and healthcare professionals — a strong selling point for medical uses.
*Strategic Traffic & Connectivity
• Wall Street carries traffic between residential neighborhoods, major commercial zones, and downtown — making it a destination corridor for commuters and local traffic alike.
• Its connectivity to Highway 349 and Loop 250 provides added regional access for patients, staff, and visitors — critical for medical and office tenants.
• Close proximity to Midland International Air & Space Port (˜10 min drive) enhances access for out-of-town clients and professionals.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,687 SF
Building Class
B
Year Built
2000
Price
$2,250,000
Price Per SF
$210.54
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,687 SF
Building FAR
0.19
Lot Size
1.32 AC
Parking
37 Spaces (3.46 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 0037420.001.0025 | Improvements Assessment | $1,115,540 |
| Land Assessment | $116,350 | Total Assessment | $1,231,890 |
PROPERTY TAXES
Parcel Number
0037420.001.0025
Land Assessment
$116,350
Improvements Assessment
$1,115,540
Total Assessment
$1,231,890
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