42Nd St Monahans, TX 79756
- Land
- 17.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 42Nd St
- Lot size
- 17.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 17-acre commercial land parcel presents a unique investment opportunity in the prestigious Steeple O Commercial Park in Monahans, Texas. Located at 42nd Street, Ward County, 79756, this property offers unparalleled access to major transportation arteries, including Highway 18 and Interstate 20. The asking price is $170,000, representing a compelling value of $10,000 per acre. The land is zoned for commercial use, making it ideal for a variety of development projects. Its strategic location within Steeple O Commercial Park places it in close proximity to nationally recognized companies, benefiting from the established infrastructure and thriving business environment of the Permian Basin. The property's proximity to the Delaware Basin, Midland/Odessa Metro-Plex, Pecos, and Southern New Mexico further enhances its appeal and potential for significant return on investment. This is a rare chance to acquire a substantial land holding in a rapidly growing area with excellent access to key transportation routes and a strong business community. The property's location offers easy access to the Interstate, making it an attractive location for businesses needing convenient transportation links. This is a prime opportunity for investors seeking to capitalize on the robust economic activity in the region. Don't miss this chance to secure a valuable asset in a highly sought-after location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monahans
- County
- Ward
- State
- Texas
- Longitude
- -102.907
- Latitude
- 31.5501
