1601 Main St Monahans, TX 79735
This exceptional commercial property, situated at 1601 N Main St, Monahans, TX, presents a unique investment opportunity. The 1,321 square foot office building boasts a highly desirable location on Highway 18 frontage, offering excellent visibility and accessibility. The property includes a significant advantage for those needing additional parking or storage: a spacious 1.78-acre lot featuring a caliche yard perfect for vehicle parking. Adding to its versatility, the property is equipped with three RV electrical hookups, catering to a variety of potential uses. Its proximity to the Monahans Golf Course further enhances its appeal. The building itself is an office space, ready for immediate occupancy or customization to suit specific business needs. This property is offered at $425,000. The seller is open to considering lease options, providing flexibility for potential buyers. This is a rare chance to acquire a well-located, versatile commercial property in a thriving Texas community. Don't miss this opportunity to own a piece of Monahans' commercial landscape. Contact us today to schedule a showing.
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.