138 F.m. 1233 Thorntonville, TX 79756
This exceptional 5-acre commercial land parcel presents a prime opportunity in Monahans, Texas. Strategically located on the high-traffic corner of Highway 18 and FM 1233, this property boasts unparalleled visibility for any commercial venture. The lot is currently listed for sale at $375,000 and is also available for lease. The property's size allows for potential subdivision into smaller tracts, catering to a variety of development needs. Utilities are partially in place, including city water with a meter on-site and electricity with a 200-amp sub-panel. While a sewer or septic system is not currently installed, the absence of pipelines or easements across the property simplifies development planning. The only existing utility easement is an AT&T fiber line along the western boundary. The land is described as Southwest Sandhill and the acreage is approximately 5 acres (all padded). This location offers significant potential for businesses seeking high visibility and convenient access in a thriving Texas community. All offers are welcome. The APN is 709919.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.