3807 County Road 1400 Shallowater, TX 79363
This exceptional 80.314-acre parcel presents a remarkable opportunity for developers seeking prime land in Lubbock County, Texas. Located at 3807 County Road 1400, Shallowater, TX 79363 (APN R98690), this property boasts significant highway frontage along FM 179, ensuring excellent visibility and accessibility. The expansive lot size offers considerable potential for various development projects. Its strategic location is approximately half a mile south of FM 2641, placing it in close proximity to the town of Shallowater while maintaining a desirable rural setting. The asking price for this substantial tract is $2,810,920. This development land presents a unique chance to capitalize on the growing area and create a successful venture. The property's size and location make it ideal for a variety of uses, subject to local zoning regulations. Interested parties are encouraged to conduct their own due diligence regarding permitted uses and development possibilities. This is a rare opportunity to acquire a large, well-situated parcel of land in a desirable Texas location.
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
Similar Nearby for Sale
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.