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Property profile & analytics
OFF-MARKET
Office Spaces

1601 Main St Monahans, TX 79735

1,321 SF 1.78 ac lot Built 1999
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1999
Total area 1,321 SF
Lot 1.78 ac (77,537 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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