301 Betty AveMonahans, TX 79756

  • Commercial real estate
  • 8,020 SF
For Sale
$995,000 View listing

Property Details for 301 Betty Ave

Lot size
0.28 AC
Property size (Sq ft)
8,020 SF
Property type
Commercial real estate
APN
4433
APU
4433

Description

This exceptional business opportunity presents a chance to own a well-established tire and auto shop in the heart of Monahans, Texas. Located at 301 S Betty, this property boasts a substantial 2,588 square foot retail building situated on a 0.28-acre lot. The sale includes all the necessary equipment for continued operation of a successful business, providing a turnkey solution for a new owner. The existing business model offers immediate revenue potential, eliminating the need for extensive start-up costs and allowing for a seamless transition. The building itself is ideally positioned within a growing West Texas community, ensuring a strong customer base and future growth prospects. The asking price for this complete package is $995,000. Inventory is available for separate negotiation, offering flexibility to the buyer. This is a rare opportunity to acquire a profitable, established business with significant potential for expansion and increased profitability. The property's prime location and existing infrastructure make it an attractive investment for both experienced entrepreneurs and first-time business owners. Don't miss this chance to own a thriving business in a dynamic market. Schedule a viewing today to explore this exciting opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,348,480
    6.5%
    $1,244,750
    7%
    $1,155,840
  • Comparable approach

    Method
    Valuation
    Relative Method
    $715,514
    Geo Method
    $1,822,710
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,360,540
    Retail / Commercial
    $1,228,110
    Mixed-Use / Specialty
    $1,237,630
    Hospitality / Lodging
    $926,105
    Office
    $1,244,750
    Institutional / Educational
    $1,291,600
    Residential Income
    $1,511,180
    Multifamily
    $1,735,370
    Automotive / Energy
    $1,107,090
    Parking / Income-Based Land
    $368,311
    Restaurant / Food Service
    $673,363
    Healthcare / Senior Housing
    $1,254,910

Location Insight

City
Monahans
County
Ward
State
Texas
Latitude
31.5919
Longitude
-102.895

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
$589
$8,530
$112,430
$120,960
-
$8,530
$112,430
$120,960

FAQs

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