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Property profile & analytics
OFF-MARKET
Land

0 Colorado St Monahans, TX 79756

11.93 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 11.93 ac (519,671 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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