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Flex Space with Interstate Frontage
For Sale
$7,220,000

2828 E IH-20, Midland, TX 79706

Commercial Sale, Midland, TX

Property Size17,805 SF
Lot Size43.50 Acres
Price / SF$405.50
Days on Market104

Property Features for 2828 E IH-20

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 38-T2S
Standard status Active
Size 17,805 SF
Lot size 43.50 Acres

Taxes and HOA fees

Tax Description 45.3 acres out of SE/4 Sec 6, Block 38, T2S
Legal Description 45.3 acres out of SE/4 Sec 6, Block 38, T2S

Amenities

safe room
covered porches

Building Details

Year built 2006
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston ABR /CNHS · License #542176
Added: May 27 Changed: Sep 3 Last Checked: Sep 7 at 7:06PM
MLS# 50095512

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 flex-space property includes a 17,805-square-foot building constructed in 2006, with 12,000 square feet of climate-controlled area. Additional improvements include a carbarn, garage, shop, and covered porches or awnings. The property also features a residence/office with interior finishes, appliances, and fixtures, along with a 1,500-square-foot solid concrete safe room.

The site encompasses 43.5 acres and offers approximately 900 feet of frontage along Interstate 20. The tract is divisible, and its Midland location places the property within an industrial corridor served by direct interstate frontage.

Key Highlights

  • 43.5‑acre tract with approximately 900 feet of Interstate 20 frontage
  • 17,805‑square‑foot building constructed in 2006
  • 12,000 square feet of climate‑controlled space

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Locksmith Veterinary Clinic Catering Service (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service

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

99
Businesses Nearby
Well-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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Moe's Southwest Grill 3302 Garden City Hwy, Midland, TX 79706

Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial property with climate-controlled space and multiple accessory improvements, including a carbarn, garage, shop, and covered porches.
Where is this flex space located?
The property is located at 2828 E IH-20 Midland, TX.
What is the asking price?
The asking price for this property is $7,220,000.
What are key features of this property?
This property features: 43.5‑acre tract with approximately 900 feet of Interstate 20 frontage; 17,805‑square‑foot building constructed in 2006; 12,000 square feet of climate‑controlled space
More about this property
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