Property summary
This exceptional industrial land offering presents a unique opportunity in Monahans, Texas. Located just east of Highway 18 at 558 Private Road 42, Thorntonville, TX 79756, this property encompasses up to 12 acres, with 4 acres already featuring a prepared caliche pad. The site boasts convenient access to essential utilities, including electricity, water, and sewer services available on both the east and west property lines. Water is supplied by a well with a holding tank. The property is currently offered for lease at a rate of $700 per leased acre per month. The owner is also open to subdividing the land for sale, with individual acre parcels priced at $75,000. Please note that a mobile home currently situated on the property is not included in the sale or lease. This prime location and flexible options make this an ideal site for various industrial uses. The property is situated in Ward County and offers significant potential for businesses seeking a strategic location in the Monahans area. The 4-acre padded area provides a ready-to-use space, minimizing initial development costs. This versatile property is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning