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Office-Industrial Flex Facility
For Sale
$1,200,000

1506 Garden City Hwy, Midland, TX 79706

Commercial Sale, Midland, TX

Property Size20,894 SF
Lot Size2.28 Acres
Price / SF$12.10
Days on Market365

Property Features for 1506 Garden City Hwy

General Information

Property type Commercial Sale
Property subtype Other
Subdivision East Midland
Standard status Active
Size 99,143 SF
Lot size 2.28 Acres

Taxes and HOA fees

Tax Description 2.635, BLK: 089, LOT: 001, ADDN: EAST MIDLAND SEC 2
Tax Annual Amount 19800
Legal Description 2.635, BLK: 089, LOT: 001, ADDN: EAST MIDLAND SEC 2

Amenities

Conference Rooms
Break Room
Locker Rooms

Building Details

Year built 1978
Listing Agency: NRG Realty Group, LLC
Listed By: Amy Brasher Barnett · License #514276
Added: Oct 15, 2025 Changed: Oct 12 Last Checked: Oct 14 at 2:06AM
MLS# 50086098

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 20,894 SF flex property combines a substantial office component with shop, storage, and tote-facility space. The 13,754 SF office area includes an executive suite, 22 private offices, a reception area, two conference rooms, and a break room. A separate 1,440 SF shop and storage area adds a parts office, crew preparation room, men’s and women’s locker rooms, and open storage. The 5,700 SF tote facility was remodeled in 2015.

The property is positioned for convenient access to Business 20, I-20, and Loop 250 in Midland. Its combination of administrative, service, storage, and outdoor work areas supports a range of flex and industrial operations. The space can also be sectioned to accommodate different operational requirements.

Key Highlights

  • 20,894 SF flex property with office, shop/storage, and tote‑facility components
  • 13,754 SF office area with 22 private offices, executive suite, reception, and conference rooms
  • 5,700 SF tote facility remodeled in 2015

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79706, TX

31,805
Population
12,368
Households
2.6
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
689.5 sq mi
ZIP Area
46
Density / Sq Mi
$110,988
Median Household Income
$58,023
Median Earnings
$897
Median Rent
$280,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-component property combines executive offices, private offices, conference rooms, shop/storage, and an outdoor work area.
Where is this flex space located?
The property is located at 1506 Garden City Hwy Midland, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 20,894 SF flex property with office, shop/storage, and tote‑facility components; 13,754 SF office area with 22 private offices, executive suite, reception, and conference rooms; 5,700 SF tote facility remodeled in 2015
More about this property
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