Income Producing Commercial/Agricultural Property

Industrial for Sale
Catylist Listing ID: 30297708
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 52,220 SF
Gross Building Area: See Agent
Gross Land Area: 10 Acres
Sale Price: $750,000
Unit Price: $14.36 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2019

Overview / Comments

Awesome, well built, and well maintained industrial and commercial warehouses! Currently used for storage, and there is a seed cleaning factory in the south building with all the equipment. There is a Class A brick office on the property with a basement and covered parking, the office is owner occupied. Lean-to-Barn is also not currently leased. 1,600 SF storage space and six 60’ x 125’ per-engineered steel buildings on concrete foundations. Property is environmentally clean. Multiple uses, and there's an appraisal on file!

Warehouses Leased Generating $57,600 of Income Annually
Equipment: Included in Sale - Call Agent for List

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R116418; R115990
Site Description: Property is located on FM 400, just North of Slaton, East of the RR approximately 1/2 Mile.
Year Built: 1994
Construction/Siding: Metal Siding, Steel Frame
Parking Type: Surface

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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 West Texas CIE Member
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