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    1506 E New Jersey Ave Midland, TX 79701

    Sponsored
    For Sale
    $1,499,999

    Industrial/Commercial - Midland, TX

    Property size:
    17,678 SF
    Lot size:
    2.81 Acres
    Days on Market:
    44
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 1506 E New Jersey Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    17,678 SF
    Lot size
    2.81 Acres

    Building Details

    Year built
    1987
    Architectural style
    Other

    Justin Dodd (214) 534-7976

    Listing agent Amy Brasher Barnett (432) 432-7976

    Listing date Nov 24, 2025

    MLS# 50087070 Listing URL

    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.

    Overview

    Midland Industrial Property on 2.81 Acres

    This industrial/commercial property in Midland, TX, features a total of 17,678 square feet of space on 2.81 acres. The office component comprises 6,949 square feet. The property at 1503 Taylor includes restrooms with showers, an IT room, a conference room, and a kitchen, as well as adjacent apartments and a security system. The property at 1506 New Jersey features a parts cage, a 100'x70' drive-through bay, holding tanks, m3 manual gates, and an open shed with a 22' eave height.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Alamo South, 1909 RV Storage, New York St. Warehouse Co., Kentucky Street Storage

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.057227459
    Latitude
    31.986324953964

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    FAQs

    What type of property is this?
    Warehouse - 17,678 SF industrial/commercial property on 2.81 acres in Midland, TX.
    Where is this warehouse 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; - Features 6,949 SF of Office Space; - 1506 New Jersey offers a 100'x70' Drive-through bay
    (432) 352-6714
    Request Owner's contact information
    1506 E New Jersey Ave Midland, TX 79701
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    Midland, TX 79701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1506 E New Jersey Ave Midland, TX 79701
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