Grain Handling Facility with
For Sale
$1,100,000
2873 2871 Gin Road, Inez, TX 77968
CommercialSale, Inez, TX
Property Size12,137 SF
Lot Size9.03 Acres
Price / SF$90.63
Days on Market217
Property Features for 2873 2871 Gin Road
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
W A Woods Sub #2
Lot features
Five To Ten Acres, Corner Lot, Level, Outside City Limits
Directions
From hwy 59 in Telferner turn on FM 1686, continue 6.8 miles until you reach Gin Road. The grain silos will be on your left after turning onto Gin Rd and the office, scale, and barns will be on your right.
Standard status
Active
APN
65191 and 82088
Size
12,137 SF
Lot size
9.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W A WOOD'S SUBD #2 FARM, LOT 107 T-8 & 15, PT OF A 13.025 AC TR, ACRES 4.03 W A WOOD'S SUBD #2 FARM, LOT 107 T-8 & 15, PT OF A 13.025 AC TR, ACRES 5.0
Tax Annual Amount
2803
Legal Description
W A WOOD'S SUBD #2 FARM, LOT 107 T-8 & 15, PT OF A 13.025 AC TR, ACRES 4.03 W A WOOD'S SUBD #2 FARM, LOT 107 T-8 & 15, PT OF A 13.025 AC TR, ACRES 5.0
Utilities
Sewer type
Septic Tank
Water source
Private
Building Details
Year built
1967
Flooring type
Concrete
Building materials
Block, MetalFrame, Concrete
Listing Agency:
Woolson Real Estate Inc
(361) 578-3623
Listed By:
Carl Koch · License #0718482
(361) 571-0987
Added: Jan 30
Changed: Aug 20
Last Checked: Sep 4 at 5:06PM
MLS# 603092
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This agricultural grain handling facility in Inez, Texas, occupies approximately 9.03 acres and includes 12,137 square feet of improvements. The operation has stated capacity of 428,571 bushels, supported by four 1 million lb. silos and four 5 million lb. silos. One of the million-pound silos was replaced in 2018. Additional improvements include two unloading pits, including one covered pit, two elevator legs, an office, large barns, and a certified scale.
Constructed in 1967, the facility features block, metal-frame, and concrete construction with concrete flooring. Large trucks have access to the property. Water is supplied privately, and wastewater service is provided by a septic tank. The address is 2873 and 2871 Gin Road, Inez, TX 77968, in Victoria County.
Constructed in 1967, the facility features block, metal-frame, and concrete construction with concrete flooring. Large trucks have access to the property. Water is supplied privately, and wastewater service is provided by a septic tank. The address is 2873 and 2871 Gin Road, Inez, TX 77968, in Victoria County.
Key Highlights
- 428,571‑bushel grain handling capacity
- Four 1 million lb. silos and four 5 million lb. silos
- Approximately 9.03 acres with access for large trucks
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$75,894
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,517,880
$1.5M
Cap Rate 7%
$1,084,200
$1.1M
Cap Rate 9%
$843,267
$843.3K
Market Conditions
NOI Build-Up for 12,137 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$97.6K $8.04/SF
− Vacancy
−$8.3K −$0.68/SF
EGI
$89.3K $7.36/SF
− OpEx
−$13.4K −$1.10/SF
NOI
$75.9K $6.25/SF
Area
Victoria County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,517,880
Cap Rate 7%
$1,084,200
Cap Rate 9%
$843,267
Alternative Uses
Best Use
Warehouse
$1.08M
$948.7K – $1.26M
NOI $75,894 @ 7.0% cap · market cap 6.90%
Second Best
Industrial
$892.9K
$781.3K – $1.04M
NOI $62,501 @ 7.0% cap · market cap 5.68%
Theoretical Best
Multifamily LT 5
$133.34M
$116.67M – $155.56M
NOI $9,333,634 @ 7.0% cap · market cap 848.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 77968, TX
3,398
Population
1,309
Households
2.6
Avg Household Size
40
Median Age
32%
College-Educated
98%
High-School Grad
194.7 sq mi
ZIP Area
17
Density / Sq Mi
$80,281
Median Household Income
$46,390
Median Earnings
$778
Median Rent
$225,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Agricultural property - Agricultural industrial facility with grain storage, truck access, unloading infrastructure, office space, and large barns.
Where is this agricultural property located?
The property is located at 2873 2871 Gin Road Inez, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 428,571‑bushel grain handling capacity; Four 1 million lb. silos and four 5 million lb. silos; Approximately 9.03 acres with access for large trucks
