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    4000 Highway 18 Monahans, TX 79756

    For Sale
    $799,000

    Large Shop, Office, & Apartment on 2.5 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional business opportunity in Monahans, Texas, presents a versatile property ideally suited for a variety of commercial uses. Situated on a substantial 2.5-acre lot with direct Highway 18 frontage, this property boasts a total of 8,750 square feet of well-maintained space. The main building comprises a 2,500 square foot shop featuring two drive-through bays equipped with 14-foot automatic, insulated overhead doors, ensuring efficient workflow and ample space for equipment and vehicles. The shop also benefits from T5 lighting, enhancing productivity and visibility. Adjacent to the shop is a 1,250 square foot clean room, complete with heating and air conditioning, providing a controlled environment for sensitive operations. A 1,250 square foot mezzanine level offers valuable additional storage for parts or inventory. Furthermore, the property includes a 1,250 square foot office space, perfect for administrative functions or client meetings. Adding to its unique appeal is a 1,250 square foot, three-bedroom, two-bathroom apartment with a comfortable living space, providing convenient on-site housing for owners or employees. The property also features a 1,250 square foot covered work bay, offering additional protection from the elements. This multifaceted property offers a rare combination of shop, office, and residential space, making it an attractive investment opportunity in a prime location. The asking price is $799,000.

    Property Features for 4000 Highway 18

    General Information

    Property type
    Investment properties
    Lot Size
    108,900 SF

    Building Details

    Year Built
    2019
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Law Firm Hair Salon Clothing Store Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Bar & Pub Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monahans
    County
    Ward
    State
    Texas
    Longitude
    -102.8932
    Latitude
    31.55252

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    FAQs

    What type of property is this?
    Investment property - Large Shop, Office, & Apartment on 2.5 Acres
    Where is this investment property located?
    The property is located at 4000 Highway 18 Monahans, TX.
    What is the asking price?
    The asking price for this property is $799,000.
    (432) 432-7976
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    4000 Highway 18 Monahans, TX 79756
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    Monahans, TX 79756
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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
    4000 Highway 18 Monahans, TX 79756
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