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    558 Monahans Tx 79756 Thorntonville, TX 79756

    For Lease
    $8,400 /Mo

    12-Acre Industrial Land, Excellent Location

    Lot size:
    522,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional industrial land offering presents a unique opportunity in Monahans, Texas. Located just east of Highway 18 at 558 Private Road 42, Thorntonville, TX 79756, this property encompasses up to 12 acres, with 4 acres already featuring a prepared caliche pad. The site boasts convenient access to essential utilities, including electricity, water, and sewer services available on both the east and west property lines. Water is supplied by a well with a holding tank. The property is currently offered for lease at a rate of $700 per leased acre per month. The owner is also open to subdividing the land for sale, with individual acre parcels priced at $75,000. Please note that a mobile home currently situated on the property is not included in the sale or lease. This prime location and flexible options make this an ideal site for various industrial uses. The property is situated in Ward County and offers significant potential for businesses seeking a strategic location in the Monahans area. The 4-acre padded area provides a ready-to-use space, minimizing initial development costs. This versatile property is ready for immediate occupancy.

    Property Features for 558 Monahans Tx 79756

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    522,720 SF
    Total Rate
    8400

    Unit(s) available at that property

    Space
    Size
    522,720 SF
    Rate per SF
    $8,400

    HighLights

    • 12‑acre industrial land parcel available for lease or sale in Monahans, TX.
    • Located at 558 Private Road 42, Thorntonville, TX 79756, near Highway 18.
    • Features a 4‑acre prepared caliche pad.
    • Utilities (electricity, water, sewer) available on both east and west property lines; water supplied by well and holding tank.
    • Lease rate: $700/acre/month; Sale price: $75,000/acre.
    • Mobile home on site excluded from sale/lease.
    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-Acre Industrial Land, Excellent Location
    Where is this land located?
    The property is located at 558 Monahans Tx 79756 Thorntonville, TX.
    What is the lease rate?
    The lease rate is $8,400 /Mo.
    What are key features of this property?
    This property features: 12-acre industrial land parcel available for lease or sale in Monahans, TX.; Located at 558 Private Road 42, Thorntonville, TX 79756, near Highway 18.; Features a 4-acre prepared caliche pad.
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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
    558 Monahans Tx 79756 Thorntonville, TX 79756
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