Colorado St Monahans, TX 79756
- Land
- 11.93 lot acres
Current Use by Public Records
- Land
Property Details for 0 Colorado St
- Lot size
- 11.93 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monahans
- County
- Ward
- State
- Texas
- Longitude
- -102.929
- Latitude
- 31.5708
