6202 E Hwy 84, Slaton, TX 79364
Highway-oriented property combines RV accommodations with an existing commercial building.
Property Features for 6202 E Hwy 84
General Information
Site & Location
Amenities
Building Details
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pat Garrett, REALTORS
Investment Insights
Based on property information with market context.
Located along Hwy 84, also identified as Slaton Hwy, the property serves the corridor connecting Buffalo Springs Lake, Lubbock, and Slaton. Its combination of an established building, RV accommodations, and utility connections supports multiple commercial components within one tract. The property is offered as-is.
Key Highlights
- 22‑acre property along Hwy 84, also identified as Slaton Hwy
- 4,600‑square‑foot commercial building included
- 17 RV spaces located behind the building
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.5k | $16.20 |
| − Vacancy | −$5.2k | −$1.13 |
| EGI | $69.3k | $15.07 |
| − OpEx | −$17.3k | −$3.77 |
| NOI | $52.0k | $11.30 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 79364, TX
Market
Vacancy Rate% for Multifamily in South region