707 4Th StMonahans, TX 79756

  • Other commercial real estate
  • 4,140 SF
For Sale
$595,000 View listing

Property Details for 707 4Th St

Lot size
0.32 AC
Property size (Sq ft)
4,140 SF
Property type
Other commercial real estate
APN
5806
APU
5806

Description

This exceptional 4,140 square foot retail property located at 707 E 4th St, Monahans, TX, presents a unique investment opportunity. Priced at $595,000, this turnkey convenience store is fully remodeled and operational, offering immediate income potential. The property sits on a 0.32-acre lot and boasts a convenient drive-thru, enhancing customer accessibility and sales. The store is completely furnished and equipped, ready for a new owner to seamlessly take over operations. A significant advantage is the inclusion of a separate, leasable unit, providing an additional revenue stream and increasing the overall return on investment. This presents a fantastic opportunity for an entrepreneur seeking an established business or an investor looking to expand their portfolio. The property's prime location in Monahans, Texas, ensures high visibility and consistent customer traffic. The existing infrastructure and operational status minimize the start-up costs and time required to begin generating profits. This is a rare chance to acquire a profitable, established business with significant growth potential. The combination of a thriving convenience store and a separate leasable unit makes this a truly compelling investment opportunity in a dynamic market. Serious inquiries are encouraged to explore this exceptional offering further.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $703,029
    Hospitality
    $643,971
    Educational
    $535,776
    Medical
    $554,203
    Retail
    $833,430
707 4Th St, Monahans, Texas

Location Insight

City
Monahans
County
Ward
State
Texas
Latitude
31.5941
Longitude
-102.885

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,361
$7,420
$103,810
$111,230
-
$7,420
$103,810
$111,230

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