1518 Stuart Ave Monahans, TX 79756
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.