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Property profile & analytics
OFF-MARKET
Land

138 F.m. 1233 Thorntonville, TX 79756

5 ac lot
Property ID
Property summary
AI-generated overview

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
Verified
Property type Land
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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