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    401 W Jay Rd Monahans, TX 79756

    New
    For Lease
    $13,000 /Mo ($19 SF/Yr)

    SINGLE_FAMILY - Monahans, TX

    Type:Office
    Property size:
    8,000 SF
    Lot size:
    4.81 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for 401 W Jay Rd

    General Information

    Property type
    Residential
    Property subtype
    Office
    Property condition
    Under Construction
    Standard status
    Active
    APN
    0006130
    Fencing
    Chain Link, Fenced
    Size
    8,000 SF
    Lot size
    4.81 Acres

    Utilities

    Sewer type
    Private Sewer
    Water source
    Well

    Building Details

    Year built
    2025
    Building materials
    Metal Construction
    Roof type
    Metal

    Prichard Real Estate Group (432) 978-6973

    Listing agent Kit Prichard (432) 889-3856

    Listing date Dec 8, 2025

    Copyright © 2025 Odessa 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.

    Overview

    Spacious Flex Space with Offices

    This 8,000 SF property features 2,800 SF of office space and a 5,200 SF shop, situated on 4.81 acres. The office area includes 6 offices, 3 bathrooms, a media closet, and a kitchenette. There is also a decked storage mezzanine. The property has a secure fenced yard and wide-open maneuvering space. It offers access to the Loop and Highway 18. This West Texas property is suitable for industrial or service operations, offering functionality, visibility, and room for growth.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Monahans
    County
    Ward
    State
    Texas
    Longitude
    -102.9230774
    Latitude
    31.5903524

    Nearby Similar for Lease

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    • $1,500 /Mo
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      Monahans Retail/Office Space Available

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      Monahans Industrial Property - 10,765 SF

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    FAQs

    What type of property is this?
    Flex space - 8,000 SF flex space with office and shop.
    Where is this flex space located?
    The property is located at 401 W Jay Rd Monahans, TX.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - 8,000 SF total space, featuring 2,800 SF of office space and a 5,200 SF shop.; - Outstanding access to the Loop and Highway 18.; - Secure fenced yard and wide-open maneuvering space.
    (432) 889-3856
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 W Jay Rd Monahans, TX 79756
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