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Fenced Flex Space with Shop

1605 I-20W, Monahans, TX 79756

For Sale
$640,000

Commercial Sale, Monahans, TX

Property Size2,400 SF
Lot Size2.97 Acres
Price / SF$266.67
Days on Market55

Property Features for 1605 I-20W

General Information

Property type Commercial Sale
Property subtype Office
Fencing Fenced, Chain Link
Lot features Corner Lot
Subdivision Monahans
Standard status Active
APN 703162
Size 2,400 SF
Lot size 2.97 Acres

Taxes and HOA fees

Tax Annual Amount 1600

Building Details

Year built 2023
Building materials Metal Construction, Metal Siding, Metal Studs
Roof type Metal
Listing Agency: Gloria Real Estate
Listed By: Gloria Herrera · License TX #0556729
Added: Sep 17 Changed: Oct 23 Last Checked: Nov 10 at 12:06AM
MLS# 177611

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

Constructed in 2023, this 2,400-square-foot metal flex property includes an 800-square-foot office area at the front and a 1,600-square-foot shop behind it. Two large bay doors support access to the shop, while the metal roof, siding, and framing provide a consistent construction profile. The 2.97-acre site is fully fenced and caliched.

Located at 1605 I-20W in Monahans, the property provides direct proximity to Interstate 20 West and convenient highway access. The improvements combine office and shop areas within a single commercial building, offering a practical configuration for businesses requiring both administrative space and enclosed work or storage space.

Key Highlights

  • 2,400 SF metal flex building constructed in 2023
  • 800 SF front office area paired with a 1,600 SF rear shop
  • Two large bay doors serve the shop area

Property Analytics

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Current Use

Flex space

Lease Details

2
Drive-in doors
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79756, TX

10,318
Population
4,318
Households
2.4
Avg Household Size
35
Median Age
10%
College-Educated
80%
High-School Grad
158.5 sq mi
ZIP Area
65
Density / Sq Mi
$70,924
Median Household Income
$46,511
Median Earnings
$960
Median Rent
$153,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Metal construction combines front office space with a rear shop for flexible commercial operations.
Where is this flex space located?
The property is located at 1605 I-20W Monahans, TX.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 2,400 SF metal flex building constructed in 2023; 800 SF front office area paired with a 1,600 SF rear shop; Two large bay doors serve the shop area
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