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    111 Alice St Monahans, TX 79735

    For Sale
    $40,000

    Build Your Dream Business Here!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 0.19-acre commercial lot, situated at 111 S Alice St in Monahans, Texas, presents a fantastic opportunity for entrepreneurs and investors alike. Ideally located near the intersection of West Sealy and Business 20, this property enjoys high visibility and easy access to major thoroughfares, ensuring significant foot and vehicle traffic. The lot itself measures 60 feet by 140 feet, providing ample space for a variety of commercial developments. Its convenient location within Monahans makes it perfect for a wide range of businesses, from retail shops and restaurants to offices and service providers. The property is offered at an attractive price point of $40,000, representing a significant value for a ready-to-develop commercial lot in a thriving Texas town. This is a blank canvas, allowing for complete customization to suit your specific business needs and vision. The strategic location and generous lot size combine to create an exceptional investment opportunity with significant potential for future growth and profitability. Don't miss this chance to establish your business in a prime Monahans location. Contact the listing office for further details and to schedule a viewing.

    Property Features for 111 Alice St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,276 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monahans
    County
    Ward
    State
    Texas
    Longitude
    -102.8942
    Latitude
    31.59354

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    FAQs

    What type of property is this?
    Commercial real estate - Build Your Dream Business Here!
    Where is this commercial real estate located?
    The property is located at 111 Alice St Monahans, TX.
    What is the asking price?
    The asking price for this property is $40,000.
    (432) 336-1111
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    111 Alice St Monahans, TX 79735
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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
    111 Alice St Monahans, TX 79735
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