138 Fm 1233 Monahans, TX 79756
- Commercial real estate
- 415,126 SF
- 9.53 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 138 Fm 1233
- Year built
- 2020
- Lot size
- 9.53 lot acres
- Property size
- 415,126 SF
- Property type
- Commercial real estate
Description
This exceptional 9.53-acre commercial property in Monahans, Texas, boasts an unparalleled location at the high-traffic corner of Highway 18 and FM 1233, ensuring maximum visibility for any business. The expansive 415,126 square foot lot is available for sale or lease and offers the flexibility of subdivision into smaller tracts, catering to diverse business needs and investment strategies. All offers are welcome. The property features convenient city water access via a Southwest Sandhill meter already installed on-site. Electricity is also readily available with a 200-amp sub-panel in place. While a sewer or septic system is not currently present, the absence of pipelines or easements across the land simplifies development plans. The only existing utility line is an AT&T fiber optic line situated along the western boundary. This strategic location, combined with existing utilities and the potential for subdivision, presents a rare opportunity for significant commercial development or investment in a thriving Texas market. The acreage is approximately 9.53 acres (all padded).
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monahans
- County
- Ward
- State
- Texas
- Longitude
- -102.894
- Latitude
- 31.517
