Listed by Formation Real Estate LLC
Unpriced
75.70 Acres in Mentone, TX - Gateway to the Delaware
Details
Property Type Land
Sub Type Commercial
Acreage 75.700
Land | 75.7 acres
Marketing description
75.70 acres of flat land along Hwy 302. The property is located at the NE Corner of State Hwy 302 and FM 867, approximately 1.50 miles south of the main intersection in Mentone, TX, and 3.5 miles north of the intersection with US-285. This property provides ideal connectivity to the most active regions of the oilfield. Contact Brokers for pricing information and options for subdivision.
Investment highlights
82.50 Acres
Approx 10-acre area leased to Matador
6 water wells, with associated downhole pump and electrical feeds
Brine & freshwater tanks, sheds & brine pump have all been removed
US Hwy 285: 3.40 Miles
Mentone (intersection w/ Hwy 300): 1.50 Miles
Pecos: +/- 20 Miles
Orla: +/- 25 Miles
Target Hospitality worker lodging - 3.50 Miles
Listing Contacts
Listed by Formation Real Estate LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
