111 Alice St Monahans, TX 79735
This exceptional 0.19-acre commercial lot, situated at 111 S Alice St in Monahans, Texas, presents a fantastic opportunity for entrepreneurs and investors alike. Ideally located near the intersection of West Sealy and Business 20, this property enjoys high visibility and easy access to major thoroughfares, ensuring significant foot and vehicle traffic. The lot itself measures 60 feet by 140 feet, providing ample space for a variety of commercial developments. Its convenient location within Monahans makes it perfect for a wide range of businesses, from retail shops and restaurants to offices and service providers. The property is offered at an attractive price point of $40,000, representing a significant value for a ready-to-develop commercial lot in a thriving Texas town. This is a blank canvas, allowing for complete customization to suit your specific business needs and vision. The strategic location and generous lot size combine to create an exceptional investment opportunity with significant potential for future growth and profitability. Don't miss this chance to establish your business in a prime Monahans location. Contact the listing office for further details and to schedule a viewing.
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.