0 Colorado St Monahans, TX 79756
This exceptional 11.93-acre commercial and industrial land parcel presents a unique investment opportunity in Monahans, Texas. Strategically located immediately south of I-20, at the intersection of South Colorado Street and North 15th Street, this property offers unparalleled accessibility and visibility. The land is already improved with caliche stabilization and a fully-enclosed perimeter fence, minimizing upfront development costs. Essential utilities are readily available, including access to electricity and a functioning water well. A septic system and electric power panel are also in place. This corner lot is zoned for outside city limits, providing flexibility for a variety of commercial or industrial uses. Given its proximity to I-20 and the presence of oilfield companies in the area, this location is ideal for businesses seeking convenient access to major transportation routes and a skilled workforce. The property's size and existing infrastructure make it an attractive option for developers and businesses looking to establish a significant presence in this thriving Texas community. The asking price is $510,000. This is a rare opportunity to acquire a ready-to-develop site in a prime location.
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
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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.