1601 N Main Ave
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1601 N Main Ave
841 SF 100% Leased Industrial Building Monahans, TX 79756 $425,000 ($505/SF) 2% Cap Rate
Investment Highlights
- Highway Frontage
- Multiple Use
- Great Location
Executive Summary
Great Opportunity to own your own commercial property in Monahans Texas. Office building, with 3 RV electrical hookups and a caliche yard to park your vehicles. Located on Hwy 18 Frontage close to the Monahans Golf Course. Seller will consider lease option.
Property Facts
| Price | $425,000 | Property Subtype | Service |
| Price Per SF | $505 | Lot Size | 1.78 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 841 SF |
| Cap Rate | 2% | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1960/1961 |
| Price | $425,000 |
| Price Per SF | $505 |
| Sale Type | Investment or Owner User |
| Cap Rate | 2% |
| Property Type | Industrial |
| Property Subtype | Service |
| Lot Size | 1.78 AC |
| Rentable Building Area | 841 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/1961 |
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PROPERTY TAXES
| Parcel Number | 0000402 | Improvements Assessment | $15,500 |
| Land Assessment | $9,080 | Total Assessment | $24,580 |
PROPERTY TAXES
Parcel Number
0000402
Land Assessment
$9,080
Improvements Assessment
$15,500
Total Assessment
$24,580
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Stacy Langley - Drennan Real Estate Group
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Drennan Real Estate Group
1601 N Main Ave
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