10615 Us-84 Shallowater, TX 79363
This exceptional Class A industrial property, located at 10615 US-84 in Shallowater, Texas, presents a unique investment opportunity. The 4,950-square-foot manufacturing warehouse, built in 2024, features a 16-foot ceiling height and sits on a substantial 7-acre lot. Its strategic location on the heavily trafficked US Highway 84 corridor provides excellent visibility and accessibility. The single-story building is zoned F1 Real Commercial, allowing for a variety of uses. The property boasts a modern design, ideal for various industrial and manufacturing operations, and includes a storefront component. The expansive 7-acre lot offers significant potential for future development, expanding the property's utility and value. This turnkey operation is situated in Lubbock County, minutes from Lubbock, TX, offering access to a robust workforce and established infrastructure. The asking price is $1,188,000. This property represents a rare combination of immediate functionality and significant long-term growth potential. The high traffic count on US Highway 84 ensures substantial visibility for any business operating from this location. This is a prime opportunity for investors seeking a versatile and strategically located industrial asset in a thriving West Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.