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3001 Big Spring St 12,000 SF Office Building Midland, TX 79705 $3,150,000 ($262.50/SF)
INVESTMENT HIGHLIGHTS
- Private Offices | Conference Rooms | Open Common Areas
- N Big Springs Annual Average Daily Traffic: 20,554 Vehicles (AADT, Year: 2022)
- Natural Light | Well-Maintained
- Corner Lot | Paved Parking
EXECUTIVE SUMMARY
This impressive two-story office buildings offers an excellent investment opportunity. It boasts a well-maintained, stand-alone design with 12,000 square feet of space, including private offices, conference rooms, and wide-open common areas. The property also features paved parking for employees, abundant natural light, and a welcoming atmosphere.
Located at the corner of N Big Spring Street and W Dormard Ave in Midland, this building enjoys prime visibility on one of the city's busiest thoroughfares, with more than 22,000 vehicles passing by daily according to TxDOT. It also offers convenient access to both Loop 250 and I-20.
Located at the corner of N Big Spring Street and W Dormard Ave in Midland, this building enjoys prime visibility on one of the city's busiest thoroughfares, with more than 22,000 vehicles passing by daily according to TxDOT. It also offers convenient access to both Loop 250 and I-20.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
12,000 SF
Building Class
C
Year Built
1982
Price
$3,150,000
Price Per SF
$262.50
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.69
Lot Size
0.40 AC
Zoning
PDOC
Parking
30 Spaces (2.5 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | R000027-434 | Improvements Assessment | $1,331,800 |
| Land Assessment | $69,520 | Total Assessment | $1,401,320 |
PROPERTY TAXES
Parcel Number
R000027-434
Land Assessment
$69,520
Improvements Assessment
$1,331,800
Total Assessment
$1,401,320
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3001 Big Spring St
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