1518 Stuart Ave Monahans, TX 79756
- Land
- 2.50 lot acres
Current Use by Public Records
- Land
Property Details for 1518 Stuart Ave
- Lot size
- 2.50 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monahans
- County
- Ward
- State
- Texas
- Longitude
- -102.869
- Latitude
- 31.5855
