Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning