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    1518 Stuart Ave Monahans, TX 79756

    Sponsored
    For Sale
    Contact for pricing

    2.5-Acre Commercial Lot, I-20 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.5-acre commercial land parcel presents a unique investment opportunity in Monahans, Texas. Ideally situated at 1518 E Stuart Avenue, this property boasts unparalleled visibility from Interstate 20, ensuring high traffic exposure for any commercial venture. The lot is zoned C (Commercial), providing flexibility for a wide range of development possibilities. Envision a thriving hospitality establishment, a convenient retail center, or a bustling quick-service restaurant – all within easy reach of the interstate's high volume of daily traffic. The property's location offers significant advantages, including proximity to the Odessa Central Business District (CBD), just a 30-minute drive away. This strategic location provides access to a larger consumer base and enhances the property's overall appeal. The parcel's size allows for ample space to accommodate substantial building plans and ample parking. With its convenient access to I-20 and its prime commercial zoning, this 2.5-acre lot (APN 709459) represents a compelling investment opportunity for discerning buyers seeking high-visibility commercial real estate in a rapidly growing area. The property is ready for development, offering immediate potential for significant return on investment. Don't miss this chance to secure a prime location in a thriving Texas market.

    Property Features for 1518 Stuart Ave

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • 2.5‑acre commercial land parcel for sale in Monahans, TX.
    • Parcel ID: 709459, commercially zoned.
    • High‑visibility location directly off I‑20, ideal for hospitality, retail, or quick‑service restaurants.
    • 30‑minute drive to Odessa CBD, expanding market access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monahans
    County
    Ward
    State
    Texas
    Longitude
    -102.8699802
    Latitude
    31.5848891

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    FAQs

    What type of property is this?
    Land - 2.5-Acre Commercial Lot, I-20 Visibility
    Where is this land located?
    The property is located at 1518 Stuart Ave Monahans, TX.
    What are key features of this property?
    This property features: 2.5-acre commercial land parcel for sale in Monahans, TX.; Parcel ID: 709459, commercially zoned.; High-visibility location directly off I-20, ideal for hospitality, retail, or quick-service restaurants.
    (432) 664-2745
    Request Owner's contact information
    1518 Stuart Ave 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
    1518 Stuart Ave Monahans, TX 79756
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