Flex Property with Drive-Through
For Sale
$1,499,999
1506 E New Jersey Ave, Midland, TX 79701
COMMERCIAL - Midland, TX
Property Size17,678 SF
Lot Size2.81 Acres
Price / SF$84.85
Days on Market275
Property Features for 1506 E New Jersey Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
MF8
Standard status
Active
Size
17,678 SF
Lot size
2.81 Acres
Taxes and HOA fees
Tax Description
Legal: Acres: 0.401, BLK: 004, LOT: 001, ADDN: OVERSTREET SEC 4
Tax Annual Amount
2630
Legal Description
Legal: Acres: 0.401, BLK: 004, LOT: 001, ADDN: OVERSTREET SEC 4
Amenities
Restrooms w/ Showers
IT Room
Conference Room
Kitchen
Security System
Building Details
Year built
1987
Listing Agency:
NRG Realty Group, LLC
(432) 432-7976
Listed By:
Amy Brasher Barnett · License #514276
(432) 352-6714
Added: Nov 24, 2025
Changed: Aug 4
Last Checked: Aug 26 at 7:06AM
MLS# 50087070
Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 17,678-square-foot flex property occupies 2.81 acres and includes office, service, storage, and covered outdoor components. The office portion measures 6,949 square feet and includes restrooms with showers, an IT room, conference room, kitchen, and security system. Adjacent apartments are also identified in the property improvements.
The second building includes a parts cage, a 100-by-70-foot drive-through bay, holding tanks, M3 manual gates, and an open shed. Its 22-foot eave height supports substantial interior clearance for industrial or service-related operations. Built in 1987, the property is located at 1506 E New Jersey Ave in Midland, Texas, with additional office-related improvements identified at 1503 Taylor.
The second building includes a parts cage, a 100-by-70-foot drive-through bay, holding tanks, M3 manual gates, and an open shed. Its 22-foot eave height supports substantial interior clearance for industrial or service-related operations. Built in 1987, the property is located at 1506 E New Jersey Ave in Midland, Texas, with additional office-related improvements identified at 1503 Taylor.
Key Highlights
- 17,678 total SF on 2.81 acres
- 6,949 SF office area with showers, IT room, conference room, kitchen, and security system
- 100'x70' drive‑through bay
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79701, TX
29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-building flex property combining office amenities, service areas, storage, and an open-sided shed.
Where is this flex space located?
The property is located at 1506 E New Jersey Ave Midland, TX.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: 17,678 total SF on 2.81 acres; 6,949 SF office area with showers, IT room, conference room, kitchen, and security system; 100'x70' drive‑through bay
