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Property profile

10615 Us-84 Shallowater, TX 79363

OFF-MARKET
Commercial land
4,950 SF 7 ac lot Built 2024
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial land
Year built 2024
Total area 4,950 SF
Lot 7 ac (304,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10615 Us-84 Shallowater, TX 79363
Shallowater metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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