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2109 W Texas Ave
Midland, TX 79701

$1,275,000 USD

Medical For Sale  •  11,080 SF

Property Details

  • Property Type Medical
  • Total Building Size 11,080 SF
  • Lot Size 0.72 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 9.61 %
  • Tenancy Multiple
  • Zoning LR2
0 Transit Score
74 Walk Score

Highlights

Strong rental demand location with 100% occupancy.
Excellent location just one block south of the Midland Memorial Hospital Main Campus
Owner spent over $250,000 for capital improvements in the last three years.

Financial Summary (Proforma)

Net Operating Income: $122,538 USD (2025)
Cap Rate: 9.61 %
Total Expenses: $95,318 USD

Amenities

  • 24 Hour Access
  • Signage
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Midland International Air And Space Port 15 min - 9.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Jason Takahashi 432-250-7270 Tom Murray
Jason Takahashi 432-250-7270 Tom Murray