Property summary
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.
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
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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