Current Use by Public Records
- Office Spaces
Property Details for 1206 I-20
- Lot size
- 9.67 lot acres
- Property type
- Office Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Thorntonville
- County
- Ward
- State
- Texas
- Longitude
- -102.902
- Latitude
- 31.5725
