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Property profile & analytics

1600 Main Ave Monahans, TX 79756-2301

  • Commercial real estate
  • 11,126 SF
  • 1.63 lot acres
OFF-MARKET
Value Estimations
$535,000
Cap Rate Potential
Location Intelligence
Property ID
US83-0933288
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Gator Trucking / Trucking Company
  • Down Hole Inspection / Home Inspector

Property Details for 1600 Main Ave

Lot size
1.63 lot acres
Property size
11,126 SF
Property type
Commercial real estate
APN
406
APU
406

Description

This exceptional 10,411 square foot commercial property, located at 1600 N Main in Monahans, Texas, presents a unique investment opportunity. Formerly operating as the Out West Bistro & Bar, this versatile venue is ideally suited for a restaurant, bar, or event center. Situated on a 1.63-acre lot, the property boasts high visibility and convenient access, being located near the Ward County Golf Course, ensuring significant foot traffic and exposure. The spacious interior includes a fully equipped kitchen and bar area, perfect for catering to a variety of events and dining needs. Ample parking is available on-site, ensuring convenience for patrons and staff. The existing dance floor adds to the property's versatility, making it suitable for a range of functions, from weddings and corporate events to live music performances and private parties. The property is offered for sale at $995,000. This prime location and well-equipped space offer an excellent opportunity for a thriving business venture in the heart of Monahans. The existing infrastructure significantly reduces the start-up costs associated with establishing a new restaurant, bar, or event space, making this a particularly attractive proposition for entrepreneurs and investors alike. The property's size and features provide ample room for expansion and customization to meet the specific needs of the future owner or tenant.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Monahans
County
Ward
State
Texas
Longitude
-102.904
Latitude
31.6058

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
$1,819
$5,540
$104,770
$110,310
-
$5,540
$104,770
$110,310
More about this property
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