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Industrial Property Portfolio
For Sale
$3,750,000

Steeple O Rd, Monahans, TX 79756

Commercial Sale, Monahans, TX

Property Size24,500 SF
Lot Size17.73 Acres
Price / SF$153.06
Days on Market93

Property Features for Steeple O Rd

General Information

Property type Commercial Sale
Property subtype Other
Fencing Chain Link
Appliances Individual AC Units, Individual Heating Units
Subdivision Steeple O Ranch
Standard status Active
APN 0000000
Size 24,500 SF
Lot size 17.73 Acres

Taxes and HOA fees

Tax Annual Amount 0

Utilities

Sewer type Private Sewer
Water source Well

Building Details

Year built 2017
Building materials Metal Construction
Roof type Metal
Listing Agency: The Prichard Group
Listed By: Heather Prichard · License #0486680
Added: Jul 8 Changed: Oct 8 Last Checked: Oct 8 at 7:06PM
MLS# 176025

Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-property industrial portfolio totals 24,500 square feet across 17.73 acres. The buildings date to 2017 and feature metal construction and metal roofs. Individual heating and air-conditioning units serve the properties, with chain-link fencing, well water, and private sewer also present.

The portfolio is in Monahans, Texas, a short drive from Interstate 20. The properties are currently leased, and the stated cap rate is 10%.

Key Highlights

  • Five‑property portfolio totaling 24,500 square feet on 17.73 acres
  • 2017 construction with metal buildings and roofs
  • Currently leased; 10% cap rate

Property Analytics

Current Use

Industrial properties

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 79756, TX

10,318
Population
4,318
Households
2.4
Avg Household Size
35
Median Age
10%
College-Educated
80%
High-School Grad
158.5 sq mi
ZIP Area
65
Density / Sq Mi
$70,924
Median Household Income
$46,511
Median Earnings
$960
Median Rent
$153,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Five industrial properties are leased and equipped with individual heating and air-conditioning units.
Where is this industrial property located?
The property is located at Steeple O Rd Monahans, TX.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Five‑property portfolio totaling 24,500 square feet on 17.73 acres; 2017 construction with metal buildings and roofs; Currently leased; 10% cap rate
More about this property
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