Property profile

TX-464 Loop Monahans, TX 79756

OFF-MARKET
Office Spaces
1,200 SF 3 ac lot
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Property summary

AI-generated overview

This exceptional commercial property in Monahans, Texas, presents a unique investment opportunity. Located at 4976 S Loop 464, this offering encompasses a 1,200 square foot office building situated on a three-acre lot. The property features a partial chain link fence, power, and septic system already in place. In addition to the main office building, there are four housing units, all fully equipped with hookups. The property boasts prime frontage on TX-464 Loop, offering excellent visibility and accessibility. The asking price is $549,900, translating to $458.25 per square foot. This versatile property is ideal for a variety of uses and is available for both sale and lease. The three-acre lot also includes a caliche lay-down yard, adding further value and potential for expansion or additional development. According to the seller, RV hookups are also available. This is a rare opportunity to acquire a well-located, multi-use commercial property in a thriving Texas market. The existing infrastructure and ample land provide significant potential for future growth and income generation. Don't miss this chance to secure a prime piece of Monahans real estate. The property is located in Ward County, Texas, zip code 79756.

Property profile

Verified
Property type Office Spaces
Total area 1,200 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

TX-464 Loop Monahans, TX 79756
Monahans metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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