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    Steeple O Pkwy Monahans, TX 79756

    Sponsored
    For Sale
    $200,000

    Prime Permian Basin location, I-20 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 20-acre tract of commercially zoned land presents a compelling investment opportunity in the heart of the Permian Basin, Texas. Situated off Highway 18 and adjacent to Steeple O Commercial Park, this property boasts convenient access to Interstate 20, providing seamless connectivity to major transportation routes. The land is available in various sizes, ranging from 5 to 20 acres, with pricing set at $10,000 per acre. This undeveloped land offers significant potential for a wide range of commercial and industrial uses, with limited restrictions. Its strategic location near the Delaware Basin Shale play and the Midland/Odessa metroplex ensures proximity to a thriving energy sector and a robust workforce. Furthermore, its location in Ward County, Texas, zip code 79756, places it within easy reach of Pecos and Southern New Mexico, expanding its market reach. The surrounding area features nationally recognized companies, underscoring the area's economic vitality and growth potential. This property represents a rare chance to acquire land in a rapidly developing commercial area with excellent infrastructure and access. Various lot sizes are available to suit diverse development needs. Invest in this prime location and capitalize on the significant growth opportunities within the Permian Basin.

    Property Features for 0 Steeple O Pkwy

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • 17 acres available, priced at $170,000.
    • 20‑acre tract available for $200,000.
    • 10‑acre tract available, priced at $100,000.
    • 5‑acre tract available for $50,000.
    • Convenient access to Interstate 20 and Highway 18.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monahans
    County
    Ward
    State
    Texas
    Longitude
    -102.8813593
    Latitude
    31.5662425

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    FAQs

    What type of property is this?
    Land - Prime Permian Basin location, I-20 access.
    Where is this land located?
    The property is located at Steeple O Pkwy Monahans, TX.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 17 acres available, priced at $170,000.; 20-acre tract available for $200,000.; 10-acre tract available, priced at $100,000.
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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
    Steeple O Pkwy Monahans, TX 79756
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