Search
Renovated Downtown Office Building
For Sale
Contact for pricing
Pending

407 S Allen Ave, Monahans, TX 79756

Office property undergoing renovation with a flexible layout process and planned covered parking for workplace users.

Property Size5,626 SF
Days on Market148

Property Features for 407 S Allen Ave

General Information

Standard status Pending
Size 5,626 SF
Class A+
Property subtype Office

Property Condition

Severity Repairs Needed
Evidence currently being renovated
Listing Agency: Roland Real Estate LLC
Listed By: Justin Roland · License #TX 549946
Source: Crexi
Added: Apr 11 Changed: Sep 3 Last Checked: Sep 2 at 7:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Roland Real Estate LLC

Investment Insights

Based on property information with market context.

This 5,626-square-foot office building is undergoing renovation in downtown Monahans. Interior improvements have not yet begun, allowing the floor plan to be adjusted before the finish-out starts. The current plan is conceptual, and the owner is open to negotiating the final layout.

A covered parking area for 25 vehicles is planned along the building’s south side. The property is located at 407 S Allen Ave in Monahans, Texas, providing an office setting within the downtown area.

Key Highlights

  • 5,626 SF office building undergoing renovation
  • Conceptual floor plan can be negotiated before interior finish‑out begins
  • Planned covered parking for 25 vehicles

Property Analytics

Current Use

FedEx Drop Box Postal Service

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Office property undergoing renovation with a flexible layout process and planned covered parking for workplace users.
Where is this office building located?
The property is located at 407 S Allen Ave Monahans, TX.
What are key features of this property?
This property features: 5,626 SF office building undergoing renovation; Conceptual floor plan can be negotiated before interior finish‑out begins; Planned covered parking for 25 vehicles
(432) 218-7414 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message