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    1259 E St Monahans, TX 79756

    Sponsored
    For Sale
    $2,300,000

    Prime Retail Investment: 100% Leased

    Property size:
    7,875 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity in Monahans, Texas. Sandhills Plaza, a 7,875 square foot shopping center, is situated on a 1.19-acre lot at 1259 E I-20, 79756. Built in 2022, this single-story, commercially zoned property offers a diverse tenant mix, including a nationally recognized franchise coffee shop, a popular local Mexican restaurant, and a retail store. Currently operating at 100% occupancy, this net lease investment provides a stable income stream. The property benefits from a high-visibility location along the I-20 corridor, adjacent to the Ward County Community Center and Fairfield Inn by Marriott, and near a new residential development and Ward County Elementary School. The asking price is $2,300,000, translating to $292.06 per square foot. Ample parking is available. Financial details are available upon request. This presents a rare chance to acquire a high-performing retail asset in a growing community. The property's APN is 709834.

    Property Features for 1259 E St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    7,875 SF
    Lot Size
    51,836 SF

    Building Details

    Year Built
    2022
    Stories
    1

    HighLights

    • Exceptional investment opportunity: 7,875 SF shopping center on 1.19 acres in Monahans, TX.
    • High‑visibility I‑20 location, near amenities & new residential development.
    • 100% occupied with diverse tenant mix, including national franchise.
    • $2,300,000 asking price ($292.06/SF).
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -102.86928524755
    Latitude
    31.584859679389

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Investment: 100% Leased
    Where is this lifestyle center located?
    The property is located at 1259 E St Monahans, TX.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: 7,875 SF shopping center on 1.19 acres in Monahans, TX.; High-visibility I-20 location, near amenities & new residential development.; 100% occupied with diverse tenant mix, including national franchise.
    Request Owner's contact information
    1259 E St 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
    1259 E St Monahans, TX 79756
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