Property profile

558 Monahans Tx 79756 Thorntonville, TX 79756

OFF-MARKET
Land
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Property summary

AI-generated overview

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

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

558 Monahans Tx 79756 Thorntonville, TX 79756
Thorntonville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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