Property profile

1518 Stuart Ave Monahans, TX 79756

OFF-MARKET
Land
2.5 ac lot
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Property summary

AI-generated overview

This exceptional 2.5-acre commercial land parcel presents a unique investment opportunity in Monahans, Texas, situated in the heart of the Permian Basin's oil and gas producing region. Located at 1518 E Stuart Ave, Monahans, TX 79756 (Ward County, zip code 79756), this property is ideally positioned adjacent to the Fairfield Inn & Suites. The property's Commercial - Hotel zoning allows for a diverse range of development options, making it suitable for hospitality ventures, retail establishments, or quick-service restaurants. Given its strategic location within a thriving energy sector hub, this site offers significant potential for high returns. The asking price for this exceptional land is $500,000. The property's proximity to Midland and Odessa, major Permian Basin cities, further enhances its appeal and accessibility. This 2.5-acre tract provides ample space for substantial development, catering to the needs of a growing community and robust local economy. This is a rare opportunity to acquire a prime commercial lot in a dynamic and rapidly expanding area. Don't miss out on this chance to capitalize on the Permian Basin's economic strength.

Property profile

Verified
Property type Land
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

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

Location

1518 Stuart Ave Monahans, TX 79756
Monahans 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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