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8218 E Highway 84 - Loop 88 105.5 - 223.9 Acre Commercial Land Lots Offered at $5,315,664 - $8,619,290 CAD Per Lot in Slaton, TX 79364
INVESTMENT HIGHLIGHTS
- City of Slaton: generous property tax abatements for development
- Infrastructure Projects: new water tower and enhanced wastewater infrastructure in collaboration with the Texas Water Development Boar
- City of Lubbock Water Station & Electrical Substation: Nearby
- SEDco Grants: various grant programs and incentives for businesses and developers
- Nearby Amenities and Infrastructure: All American Dodge & Chevrolet, Ron Hoover RV Dealer, ClearTech Aviation Airpark
- Slaton Municipal Airpark: 3 minutes away
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $5,315,664 - $13,934,953 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 2 | Total Lot Size | 329.40 AC |
| Property Type | Land |
| Price | $5,315,664 - $13,934,953 CAD |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 329.40 AC |
2 LOTS AVAILABLE
Lot Resi.
| Price | $5,315,664 CAD | Lot Size | 223.90 AC |
| Price Per AC | $23,741.24 CAD |
| Price | $5,315,664 CAD |
| Price Per AC | $23,741.24 CAD |
| Lot Size | 223.90 AC |
Beyond its commercial potential, the setback tracts of land offer an excellent opportunity for residential development. The City of Slaton is prepared to annex and provide services and less than 3,000' from the site are sewer and water lines.
Lot Commercial
| Price | $8,619,290 CAD | Lot Size | 105.50 AC |
| Price Per AC | $81,699.43 CAD |
| Price | $8,619,290 CAD |
| Price Per AC | $81,699.43 CAD |
| Lot Size | 105.50 AC |
This site is uniquely located where the future interchange between Loop 88 and Highway 84 will be established, making it an ideal location for a large truck stop, or similar high-traffic commercial retail establishments.
DESCRIPTION
Seller Financing Available. Discover a prime development opportunity with this expansive 329.4 acre tract of land, strategically positioned in the path of the new Loop 88 in Lubbock. This property offers over 1,800 feet of frontage along US-84 & the upcoming Loop 88, situating it perfectly for high-visibility commercial ventures and premier living in a great location. This site is uniquely located where the future interchange between Loop 88 and Highway 84 will be established, making it an ideal location for a large truck stop, or similar high-traffic commercial retail establishments. The extensive frontage provides unparalleled access and visibility, ensuring maximum exposure for any business development. The entire tract is less than 12 miles southeast of Lubbock. Beyond its commercial potential, the setback tracts of land offer an excellent opportunity for residential development. The City of Slaton is prepared to annex and provide services and less than 3,000' from the site are sewer and water lines. 100% Water Rights / 50% Wind Rights Convey with interest from the City of Slaton already. These areas are perfect for large master-planned communities, subdivisions, and other residential projects, providing a balanced mix of commercial and residential growth possibilities. Lake 7 recently announced in Lubbock, the development of 800+ homes on Slaton Hwy and the Leprino Cheese Factory and its 1,600 new jobs give life to this area. Take advantage of this rare opportunity to secure a large, versatile piece of land in a rapidly developing area.
PROPERTY TAXES
| Parcel Number | R106399 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $254,113 CAD |
PROPERTY TAXES
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8218 E Highway 84 - Loop 88
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