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Property profile & analytics
OFF-MARKET
Land

0 Steeple O Pkwy Monahans, TX 79756

20 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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