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Property profile & analytics
OFF-MARKET
Office Spaces

1206 I-20 Thorntonville, TX 79756

4,356 SF 9.67 ac lot
Property ID
Property summary
AI-generated overview

This exceptional executive office building, located at 1206 W. I-20 in Monahans, Texas, presents a compelling investment opportunity. The property boasts 4,356 square feet of office space situated on a generous 9.67-acre lot. The single-story building features a spacious reception area, nine individual offices, a conference room, a large meeting area, a kitchen, and a copy room. Ample parking is provided by 2,100 square feet of covered parking with an attached storage room. Further enhancing the property's value is a substantial 3,724-square-foot quonset warehouse and a fueling station complete with a 2,500-gallon above-ground storage tank. The property benefits from convenient Interstate 20 service road frontage. Currently vacant, this property offers significant potential for immediate income generation or long-term investment growth within the thriving West Texas Permian Basin. The property's size and diverse features make it suitable for a variety of business uses. The asking price is $585,000. Detailed information is available upon request. The property is located in Ward County, Texas, zip code 79756.

Property profile
Verified
Property type Office Spaces
Total area 4,356 SF
Lot 9.67 ac (421,225 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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