0 Steeple O Pkwy Monahans, TX 79756
This exceptional 20-acre tract of commercially zoned land presents a compelling investment opportunity in the heart of the Permian Basin, Texas. Situated off Highway 18 and adjacent to Steeple O Commercial Park, this property boasts convenient access to Interstate 20, providing seamless connectivity to major transportation routes. The land is available in various sizes, ranging from 5 to 20 acres, with pricing set at $10,000 per acre. This undeveloped land offers significant potential for a wide range of commercial and industrial uses, with limited restrictions. Its strategic location near the Delaware Basin Shale play and the Midland/Odessa metroplex ensures proximity to a thriving energy sector and a robust workforce. Furthermore, its location in Ward County, Texas, zip code 79756, places it within easy reach of Pecos and Southern New Mexico, expanding its market reach. The surrounding area features nationally recognized companies, underscoring the area's economic vitality and growth potential. This property represents a rare chance to acquire land in a rapidly developing commercial area with excellent infrastructure and access. Various lot sizes are available to suit diverse development needs. Invest in this prime location and capitalize on the significant growth opportunities within the Permian Basin.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.