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Strategic Retail Site - Flex Use Potential 4218 W Wadley Ave 4,070 SF Retail Building Midland, TX 79707 $1,450,000 ($356.27/SF)
INVESTMENT HIGHLIGHTS
- Fully Operational Dry Cleaner
- Easy Connectivity, Quick Access to Loop 250
- Surrounded by Major Retailers & Residential Neighborhoods
- Drive-Thru Capability
- Ideal for Owner/User or Retail Redevelopment
EXECUTIVE SUMMARY
Now offering a 4,070 SF freestanding retail/service building on 0.848 acres in a highly desirable Midland corridor with strong visibility and excellent access to Loop 250. The property is surrounded by established retail and dense residential neighborhoods, supporting strong long-term commercial demand. Zoned RR, the site allows for a variety of commercial uses including retail, restaurant/dining, medical, and service businesses, making it well-suited for adaptive reuse, renovation, or redevelopment. The building is currently configured for dry-cleaning operations, but the property’s location and site size create a compelling opportunity for a buyer to reposition the asset for a new retail or service concept. Ideal for a buyer pursuing a value-add or redevelopment strategy in one of Midland’s most active areas. Contact Amy Brasher Barnett or Dakota Flowers for additional details.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,070 SF
Building Class
C
Year Built
2004
Price
$1,450,000
Price Per SF
$356.27
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.84 AC
Zoning
RR - Regional Retail
Frontage
200’ on W Wadley Ave
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R000106-178 | Improvements Assessment | $693,190 |
| Land Assessment | $277,040 | Total Assessment | $970,230 |
PROPERTY TAXES
Parcel Number
R000106-178
Land Assessment
$277,040
Improvements Assessment
$693,190
Total Assessment
$970,230
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Strategic Retail Site - Flex Use Potential | 4218 W Wadley Ave
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