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Property profile & analytics
OFF-MARKET
Commercial real estate

111 Alice St Monahans, TX 79735

0.19 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Lot 0.19 ac (8,276 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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