Mixed-Use Property with RV
For Sale
$575,000
6420 E Hwy 84, Slaton, TX 79364
Commercial Sale, Slaton, TX
Property Size4,600 SF
Lot Size22.00 Acres
Price / SF$125
Days on Market353
Property Features for 6420 E Hwy 84
General Information
Property type
Commercial Sale
Property subtype
Other
Middle school
Slaton
High school
Slaton
Elementary school district
Slaton ISD
Middle school district
Slaton ISD
High school district
Slaton ISD
Subdivision
6
Standard status
Active
Size
4,600 SF
Lot size
22.00 Acres
Taxes and HOA fees
Tax Description
See Listing Agent
Legal Description
See Listing Agent
Utilities
Sewer type
Septic Tank
Water source
Well
Amenities
RV hookups
Listing Agency:
Pat Garrett, REALTORS
(806) 795-0611
Listed By:
Jack Boyd · License #0627571
(806) 632-8681
Added: Oct 30, 2025
Changed: Oct 16
Last Checked: Oct 17 at 7:06AM
MLS# 202562456
Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 22-acre mixed-use property includes a 4,600-square-foot store building and 17 RV spaces. The building previously operated as Wayne’s Liquor Store. RV spaces have electrical service, water, and sewer connections. The property is offered in as-is condition.
Located at 6420 E Hwy 84 in Slaton, the site has well water and a septic system.
Located at 6420 E Hwy 84 in Slaton, the site has well water and a septic system.
Key Highlights
- 22‑acre property at 6420 E Hwy 84 in Slaton
- 4,600‑square‑foot store building, previously Wayne’s Liquor Store
- 17 RV spots with electricity, water, and sewer hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,436
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,720
$888.7K
Cap Rate 7%
$634,800
$634.8K
Cap Rate 9%
$493,733
$493.7K
Market Conditions
NOI Build-Up for 4,600 SF
Gross rent
$69.0K $15.00/SF
− Vacancy
−$5.5K −$1.20/SF
EGI
$63.5K $13.80/SF
− OpEx
−$19.0K −$4.14/SF
NOI
$44.4K $9.66/SF
Area
Lubbock County, TX
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,720
Cap Rate 7%
$634,800
Cap Rate 9%
$493,733
Alternative Uses
Best Use
Mixed Use
$865.0K
$756.9K – $1.01M
NOI $60,548 @ 7.0% cap · market cap 10.53%
Second Best
Retail
$634.8K
$555.5K – $740.6K
NOI $44,436 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,177 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 79364, TX
7,985
Population
2,949
Households
2.7
Avg Household Size
40
Median Age
16%
College-Educated
85%
High-School Grad
210.5 sq mi
ZIP Area
38
Density / Sq Mi
$55,221
Median Household Income
$39,774
Median Earnings
$1,018
Median Rent
$89,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A building and utility-connected RV spaces provide distinct components across this Slaton property.
Where is this mixed-use property located?
The property is located at 6420 E Hwy 84 Slaton, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 22‑acre property at 6420 E Hwy 84 in Slaton; 4,600‑square‑foot store building, previously Wayne’s Liquor Store; 17 RV spots with electricity, water, and sewer hookups
