Technical
Financial
Distress signals
Property profile

3807 County Road 1400 Shallowater, TX 79363

OFF-MARKET
Land
80.31 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 80.31 ac (3,498,478 SF)

Cap rate & NOI

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

Location

3807 County Road 1400 Shallowater, TX 79363
Shallowater metro
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Value estimations

Realmo proprietary · 4 methods
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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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