1525 Industrial Dr Slaton, TX 79364
This exceptional industrial property in Slaton, Texas, presents a compelling investment opportunity. Strategically located on Business Hwy 84/Industrial Dr, between FM 400 and US Hwy 84, this 6.67-acre site boasts three warehouse buildings totaling approximately 30,600 square feet. Two buildings on the east end comprise 24,600 square feet, while a recently renovated 6,000-square-foot warehouse sits on the west end. The property benefits from a 2023 renovation of the 6,000 sq ft building, while the original structures date back to 1963. The buildings feature four 16x16-foot dock-high doors, enhancing operational efficiency. Internal improvements include three 3-ton cranes and one 1-ton crane, providing ample lifting capacity. The clear ceiling height is approximately 21 feet. The expansive lot offers significant space for a stack yard, adding to the property's versatility. Zoned outside city limits, this property is ideally suited for a variety of industrial, agricultural, or business uses. Asking price is $550,000, or $17.97 per square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.