Industrial Commercial Property for Sale

Industrial for Sale
Catylist Listing ID: 30464588
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 56,786 SF
Gross Building Area: See Agent
Gross Land Area: 8 Acres
Sale Price: $1,100,000
Unit Price: $19.37 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2022

Overview / Comments

Well built and maintained industrial warehouses with additional acerage for sale. Owner operates newly improved 3,750 SF delinting plant. Property features a 1,120 SF brick office with a 700 SF covered parking and 195 SF basement. Also, there is a 10 stall lean-to-barn and six 7,500 SF pre-engineered steel buildings on concrete foundations. On the south east side of the property is a 1,216 SF mobile home.

Improved Delinting Equipment
Office Features 2 Offices, Seed Test Lab and Basement
Equipment Included in Purchase
34' Scales
Well and Septic

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R116418
Site Description: Located 15 minutes from Lubbock on FM 400, just north of Slaton. Property is approximately half a mile east of the rail road.
Property Condition: Good
Year Built: 1994
Exterior Description: Pavement
Heat Type: Electricity
Heat Source: Central
Lighting: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 993 7,505 9,868
Median Age: 39.95 37.96 39.74
Households: 419 2,765 3,696


Photograph of Listing Agent

Sue Stephens, ALC

WestMark Commercial | TCN Worldwide West Texas CIE Member
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