Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1206 I-20 Thorntonville, TX 79756

    Sponsored
    For Sale
    $585,000

    Prime West Texas Office Complex - Investment Opportunity

    Property size:
    4,356 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office building, located at 1206 W. I-20 in Monahans, Texas, presents a compelling investment opportunity. The property boasts 4,356 square feet of office space situated on a generous 9.67-acre lot. The single-story building features a spacious reception area, nine individual offices, a conference room, a large meeting area, a kitchen, and a copy room. Ample parking is provided by 2,100 square feet of covered parking with an attached storage room. Further enhancing the property's value is a substantial 3,724-square-foot quonset warehouse and a fueling station complete with a 2,500-gallon above-ground storage tank. The property benefits from convenient Interstate 20 service road frontage. Currently vacant, this property offers significant potential for immediate income generation or long-term investment growth within the thriving West Texas Permian Basin. The property's size and diverse features make it suitable for a variety of business uses. The asking price is $585,000. Detailed information is available upon request. The property is located in Ward County, Texas, zip code 79756.

    Property Features for 1206 I-20

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,356 SF
    Lot Size
    421,225 SF

    Building Details

    Stories
    1

    HighLights

    • High‑traffic Interstate 20 service road frontage.
    • Nine offices, conference room, large meeting room, copy room, and kitchen.
    • 2,100 square feet of covered parking.
    • Dedicated storage room.
    • 3,724‑square‑foot Quonset hut.
    • Fueling station with a 2,500‑gallon above‑ground storage tank.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thorntonville
    County
    Ward
    State
    Texas
    Longitude
    -102.90182878265
    Latitude
    31.57253656364

    Nearby Comparable

    • $585,000
      4,356 SF

      Monahans Office, Warehouse, Fueling Station

      Office, warehouse, and fueling station with I-20 frontage.
      1206 W I-20, Monahans, TX 79756
      View Details
    • $549,900
      3.00 Acres

      Monahans Office & Land Investment

      Prime Monahans commercial property, 1200 sq ft.
      TX-464 Loop, Monahans, TX 79756
      View Details
    • $800,000
      3,496 SF

      Monahans Retail Business Opportunity

      Turn-key business opportunity or bring your dream to life!
      1408 S Stockton Ave, Monahans, TX 79756
      View Details
    • Contact for pricing
      10,765 SF

      Monahans Industrial Property - 10,765 SF

      Versatile Industrial/Office Space in West Texas
      3000 Stockton Ave, Monahans, TX 79756
      View Details
    • $260,000
      4.29 Acres

      Monahans Industrial Tract For Sale

      Caliched industrial tract in dense oilfield area, Monahans, Texas.
      2790 S Wilma St, Monahans, TX 79756
      View Details
    • $65,000
      4.83 Acres

      Monahans, TX Commercial/Industrial Land

      4.833 AC lot in Steeple O Commercial Park.
      S Main St, Monahans, TX 79756
      View Details
    • $350,000
      1,800 SF

      Updated Commercial Property on One Acre

      Updated office and shop on a fenced 1-acre lot.
      1214 N Main Ave, Monahans, TX 79756
      View Details
    • Contact for pricing
      6,250 SF

      Monahans Office Building For Sale

      Office building with 6,250 square feet on 3 acres.
      3030 S Main St, Monahans, TX 79756
      View Details
    • $50,000
      5.00 Acres

      Monahans, TX Commercial Industrial Land

      5 acres of undeveloped land with easy access to I-20.
      Steeple O Pkwy, Monahans, TX 79756
      View Details
    • $100,000
      10.00 Acres

      Monahans TX Commercial Industrial Land

      Undeveloped 10 AC land tract with easy I-20 access.
      Steeple O Pkwy, Monahans, TX 79756
      View Details
    • $725,000

      Permian Basin Commercial Land Opportunity

      26.497 acres in the Permian Basin near I-20.
      S Stockton Ave, Monahans, TX 79756
      View Details
    • $200,000
      20.00 Acres

      20-Acre Commercial Land, Monahans, TX

      Prime Permian Basin location, I-20 access.
      0 Steeple O Pkwy, Monahans, TX 79756
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime West Texas Office Complex - Investment Opportunity
    Where is this office property / space located?
    The property is located at 1206 I-20 Thorntonville, TX.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: High-traffic Interstate 20 service road frontage.; Nine offices, conference room, large meeting room, copy room, and kitchen.; 2,100 square feet of covered parking.
    (432) 978-6973
    Request Owner's contact information
    1206 I-20 Thorntonville, TX 79756
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1206 I-20
    Thorntonville, TX 79756
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1206 I-20 Thorntonville, TX 79756
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.