4921 Loop 464th Rd Monahans, TX 79756

Property Details for 4921 Loop 464th Rd

Lot size

9.98 lot acres

Property size

40,910 SF

Property type

Commercial real estate

APN

30000518

APU

30000518

Description

This exceptional investment opportunity presents a 31,207-square-foot Class-A industrial property situated on an 8.86-acre lot in Monahans, Texas. The property features a strategically designed layout encompassing 19,530 square feet of warehouse space, complete with eight 25-foot roll-up doors forming four convenient drive-through bays, a 20-ton bridge crane, and a substantial 45-foot ceiling height. Power is provided by heavy 3-phase electrical service. The warehouse space is complemented by 6,647 square feet of premium executive office space, boasting a large reception area, multiple private offices, break rooms, training rooms, and a sizable conference room. The property also includes approximately 646 feet of frontage on S Loop 464, providing excellent visibility and accessibility. Ample paved parking is available, along with additional covered canopy workspace. The entire site is fully fenced and secured with two gated entrances, ensuring efficient truck access and maneuverability around the building. This sale-leaseback opportunity offers a strong 11.49% cap rate with a current NOI of $517,000 and an asking price of $4,500,000. The property was constructed in 2022 and includes a proposed 18-month leaseback. The property is zoned for industrial use and is located at 4921 S Loop 464, Monahans, TX 79756.