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    TX-464 Loop Monahans, TX 79756

    Sponsored
    For Sale
    $549,900

    Prime Monahans commercial property, 1200 sq ft.

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property in Monahans, Texas, presents a unique investment opportunity. Located at 4976 S Loop 464, this offering encompasses a 1,200 square foot office building situated on a three-acre lot. The property features a partial chain link fence, power, and septic system already in place. In addition to the main office building, there are four housing units, all fully equipped with hookups. The property boasts prime frontage on TX-464 Loop, offering excellent visibility and accessibility. The asking price is $549,900, translating to $458.25 per square foot. This versatile property is ideal for a variety of uses and is available for both sale and lease. The three-acre lot also includes a caliche lay-down yard, adding further value and potential for expansion or additional development. According to the seller, RV hookups are also available. This is a rare opportunity to acquire a well-located, multi-use commercial property in a thriving Texas market. The existing infrastructure and ample land provide significant potential for future growth and income generation. Don't miss this chance to secure a prime piece of Monahans real estate. The property is located in Ward County, Texas, zip code 79756.

    Property Features for TX-464 Loop

    General Information

    Property type
    Land
    Square Feet
    1,200 SF
    Lot Size
    130,680 SF

    HighLights

    • $549,900 asking price for this Monahans, Texas commercial property.
    • 1,200 square foot office building on a 3‑acre lot.
    • $458.25 per square foot.
    • Located at 4976 S Loop 464, Monahans, TX 79756.
    • Property includes a caliche lay‑down yard, partial chain link fencing, power, septic, and four housing units.
    • Prime location with frontage; available for sale or lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monahans
    County
    Ward
    State
    Texas
    Longitude
    -102.9109222
    Latitude
    31.5755565

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    FAQs

    What type of property is this?
    Land - Prime Monahans commercial property, 1200 sq ft.
    Where is this land located?
    The property is located at TX-464 Loop Monahans, TX.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: $549,900 asking price for this Monahans, Texas commercial property.; 1,200 square foot office building on a 3-acre lot.; $458.25 per square foot.
    Request Owner's contact information
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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
    TX-464 Loop Monahans, TX 79756
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