1206 I-20 Thorntonville, TX 79756
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.