Grain Handling
For Sale
$995,000
2873 2871 Gin Road, Inez, TX 77968
CommercialSale, Inez, TX
Property Size12,137 SF
Lot Size9.03 Acres
Price / SF$81.98
Days on Market260
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: Oct 5
Last Checked: Oct 17 at 5:06AM
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.
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Investment Insights
Based on property information with market context.
This 12,137-square-foot grain handling facility sits on approximately 9.03 acres and was built in 1967. Storage capacity is 428,571 bushels across four 1 million lb. silos and four 5 million lb. silos; one of the smaller silos was replaced in 2018. Facility improvements also include two unloading pits, one of them covered, two elevator legs, an office, large barns, and a certified scale.
The property has access suitable for large trucks. Building materials include block, metal frame, and concrete, with concrete flooring. Water is supplied by a private source, and the property has a septic tank.
The property has access suitable for large trucks. Building materials include block, metal frame, and concrete, with concrete flooring. Water is supplied by a private source, and the property has a septic tank.
Key Highlights
- 428,571‑bushel capacity across four 1 million lb. silos and four 5 million lb. silos
- One silo was replaced in 2018
- Two unloading pits, including one covered pit, and two elevator legs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,894
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
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
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 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 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$133.34M
$116.67M – $155.56M
NOI $9,333,634 @ 7.0% cap · market cap 938.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
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
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Wood High Grain Elevator — 2871 Gin Rd, Inez, TX 77968
Frequently Asked Questions
What type of property is this?
Warehouse - Grain storage and handling infrastructure includes unloading pits, elevator legs, barns, an office, and a certified scale.
Where is this warehouse located?
The property is located at 2873 2871 Gin Road Inez, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 428,571‑bushel capacity across four 1 million lb. silos and four 5 million lb. silos; One silo was replaced in 2018; Two unloading pits, including one covered pit, and two elevator legs
