558 Monahans Tx 79756 Thorntonville, TX 79756
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.