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    9298 County Road 238 Westbrook, TX 79565

    For Sale
    $1,500,000

    Prime industrial land, water wells, security fence.

    Property size:
    896 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This expansive 160-acre industrial property in Westbrook, TX, presents a unique investment opportunity. Boasting 896 square feet of existing building space, the site is ideally suited for a water desalination plant, featuring multiple on-site water wells. While the existing plant is currently non-operational, its potential for revitalization or replacement offers significant value. The property is fully enclosed by a chain link security fence, ensuring secure operations. Its strategic location provides convenient access to major transportation routes, facilitating efficient distribution and logistical operations. The substantial acreage allows for ample expansion and future development, catering to the growing needs of the region. This property offers a rare combination of existing infrastructure, abundant water resources, and prime location, making it an attractive proposition for investors seeking a high-impact project with significant long-term potential. The asking price is $1,500,000. Serious inquiries only.

    Property Features for 9298 County Road 238

    General Information

    Property type
    Industrial properties
    Square Feet
    896 SF
    Lot Size
    6,969,600 SF

    Building Details

    Year Built
    2018
    Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Westbrook
    County
    Mitchell
    State
    Texas
    Longitude
    -101.0195
    Latitude
    32.37493

    Nearby Comparable

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      Westbrook Land: I-20 Commercial Tract

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    Nearby Similar for Sale

    • $1,500,000
      896 SF

      Westbrook Industrial Property with Wells

      160-acre industrial property with water wells near major roads.
      9298 County Road 238, Westbrook, TX 79565
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    FAQs

    What type of property is this?
    Industrial property - Prime industrial land, water wells, security fence.
    Where is this industrial property located?
    The property is located at 9298 County Road 238 Westbrook, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (325) 573-8505
    Request Owner's contact information
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    Westbrook, TX 79565
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9298 County Road 238 Westbrook, TX 79565
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