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Freestanding Retail Building on Wadley
For Sale
$1,450,000

4218 W Wadley Ave, Midland, TX 79707

SINGLE_FAMILY - Midland, TX

Property Size4,070 SF
Lot Size0.85 Acres
Price / SF$356.27
Days on Market214

Property Features for 4218 W Wadley Ave

General Information

Property type Residential
Property subtype Retail
Subdivision MC2
Standard status Active
Size 4,070 SF
Lot size 0.85 Acres

Taxes and HOA fees

Tax Description Legal: Acres: 0.848, BLK: 009, LOT: 014, ADDN: NORTHWOOD SEC 6
Tax Annual Amount 14229
Legal Description Legal: Acres: 0.848, BLK: 009, LOT: 014, ADDN: NORTHWOOD SEC 6

Building Details

Year built 2004
Listing Agency: NRG Realty Group, LLC
Listed By: Amy Brasher Barnett · License #514276
Added: Jan 14 Changed: May 14 Last Checked: Aug 16 at 12:06PM
MLS# 50090012

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 4,070 square foot freestanding retail/service building is situated on 0.848 acres. The property is located in a highly desirable Midland corridor, offering strong visibility and direct access to Loop 250. The location is surrounded by established retail and dense residential neighborhoods, benefiting from consistent traffic and long-term demand. Zoned RR, the site allows a wide range of commercial uses including retail, restaurant, medical, and service. Currently configured for dry-cleaning, the property offers strong potential for adaptive reuse or redevelopment in one of Midland's most active areas.

Key Highlights

  • High‑visibility location with direct access to Loop 250 in a desirable Midland corridor.
  • Large 4,070 SF freestanding building on a 0.848‑acre lot.
  • RR zoning allows for a wide range of commercial uses (retail, restaurant, medical, service).

Property Analytics

Current Use

Dry Clean Super ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Restaurant Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby
204k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 50% Shops & Services 18% Dining 16% Groceries 15%
Target Superstores
101,326 visits/mo 0.5 miles
United Supermarkets Groceries
31,307 visits/mo 0.1 miles
Chevron Shops & Services
12,035 visits/mo 0.0 miles
McAlister's Deli Dining
11,597 visits/mo 0.2 miles
Wingstop Dining
9,254 visits/mo 0.1 miles

Demographics for 79707, TX

37,632
Population
16,654
Households
2.3
Avg Household Size
35
Median Age
41%
College-Educated
91%
High-School Grad
71.0 sq mi
ZIP Area
530
Density / Sq Mi
$99,979
Median Household Income
$58,351
Median Earnings
$1,383
Median Rent
$382,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail property - 4,070 SF retail building on 0.848 acres in Midland.
Where is this retail property located?
The property is located at 4218 W Wadley Ave Midland, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: High‑visibility location with direct access to Loop 250 in a desirable Midland corridor.; Large 4,070 SF freestanding building on a 0.848‑acre lot.; RR zoning allows for a wide range of commercial uses (retail, restaurant, medical, service).
More about this property
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