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    558 Private Rd Thorntonville, TX 79756

    For Sale
    Contact for pricing

    12 Acres, Industrial Land, Hwy 18 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional industrial land opportunity in Monahans, Texas, presents up to twelve acres for lease or sale. This property, located just east of Highway 18 at 558 Private Road 42, offers significant flexibility. A substantial portion, approximately four acres, features a prepared caliche pad, ready for immediate development. Utilities are readily available, with electric, water, and sewer access conveniently located on both the east and west property lines. The water supply is sourced from a well equipped with a holding tank, ensuring a reliable resource. The lease rate is $700 per leased acre per month. For those seeking ownership, the seller is willing to subdivide the acreage, offering individual parcels at $75,000 per acre. Please note that a mobile home currently situated on the site is not included in the sale or lease. This prime location provides easy access to Highway 18, making it an ideal site for various industrial uses. The property's size and utility access make it a highly attractive option for businesses seeking a strategic location in Monahans. Contact us today to explore this exceptional opportunity.

    Property Features for 558 Private Rd

    General Information

    Property type
    Land
    Lot Size
    174,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thorntonville
    County
    Ward
    State
    Texas
    Longitude
    -102.88478
    Latitude
    31.5518

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    FAQs

    What type of property is this?
    Land - 12 Acres, Industrial Land, Hwy 18 Access
    Where is this land located?
    The property is located at 558 Private Rd Thorntonville, TX.
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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.

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    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
    558 Private Rd Thorntonville, TX 79756
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