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Freestanding Retail Space
For Sale
$1,450,000

4218 W Wadley Ave, Midland, TX 79707

Commercial Sale, Midland, TX

Property Size4,070 SF
Lot Size0.85 Acres
Price / SF$356.27
Days on Market266

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: Sep 4 Last Checked: Oct 7 at 3:06PM
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 freestanding retail and service building contains 4,070 square feet on 0.848 acres and was built in 2004. The property is currently arranged for dry-cleaning operations, with the existing improvements suited to adaptive reuse or redevelopment. RR zoning supports a range of commercial applications, including retail, restaurant, medical, and service uses.

Located at 4218 W Wadley Ave in Midland, the site has direct access to Loop 250 and sits among established retail businesses and dense residential neighborhoods. Its position within an active commercial corridor provides a combination of nearby residential density, surrounding retail presence, and direct route access.

Key Highlights

  • 4,070 SF freestanding retail/service building
  • 0.848 acres with existing commercial improvements
  • Built in 2004

Property Analytics

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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.

Lease Details

Yes
Highway access
Yes
Paved road access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Retail space - Standalone commercial building with Loop 250 access and RR zoning supporting retail, restaurant, medical, and service uses.
Where is this retail space 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: 4,070 SF freestanding retail/service building; 0.848 acres with existing commercial improvements; Built in 2004
More about this property
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