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    111 Alice Ave Monahans, TX 79756

    Sponsored
    For Sale
    $50,000

    Build Your Dream Business Here!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.193-acre commercial lot, located at 111 S. Alice Ave in Monahans, Texas, presents a fantastic opportunity for entrepreneurs. Priced at $50,000, this property offers a blank canvas for your next business venture. Situated conveniently in town, near the intersection of West Sealy and Business 20, this lot boasts high visibility and easy access for customers. The dimensions of the lot are 60 feet by 140 feet, providing ample space for construction. The property is zoned for commercial use, making it ideal for a wide range of businesses. With its prime location and attractive price point, this lot represents a smart investment in a thriving Texas community. The property is located in Ward County, Texas, and has a zip code of 79756. Its geographical coordinates are 31.5934734 latitude and -102.8943248 longitude. Don't miss this chance to establish your business in a strategic and accessible location. Contact the listing office for further details and to explore this exciting opportunity.

    Property Features for 111 Alice Ave

    General Information

    Property type
    Land
    Lot Size
    8,407 SF

    HighLights

    • Commercial investment opportunity.
    • Investment property.
    • 192.8 acres of land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monahans
    County
    Ward
    State
    Texas
    Longitude
    -102.8943248
    Latitude
    31.5934734

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    FAQs

    What type of property is this?
    Land - Build Your Dream Business Here!
    Where is this land located?
    The property is located at 111 Alice Ave Monahans, TX.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: Commercial investment opportunity.; Investment property.; 192.8 acres of land.
    Request Owner's contact information
    111 Alice Ave 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
    111 Alice Ave Monahans, TX 79756
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