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    Commercial Grain Handling Facility Springlake, TX 79082

    For Sale
    $1,799,000

    11-Acre Commercial Property, $1.8M

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 11-acre commercial property in Springlake, Texas, presents a unique investment opportunity. The facility boasts a 4,000 square-foot office building, constructed in 1960 and renovated in 2010. It features approximately 1,250 feet of frontage along US Highway 70, offering excellent visibility and accessibility. The property's permitted grain storage capacity is 1,311,000 bushels, supported by Texas Department of Agriculture Account Number 0237169. Situated on mostly level terrain at an elevation of approximately 3,690 feet, the site appears to be outside of a flood hazard area. The property's irregular shape encompasses approximately 10.54 acres. Legal descriptions will be finalized via survey at closing. Located in Lamb County, in the southwestern Texas panhandle, this property benefits from its proximity to key transportation routes and a well-established agricultural community. The county seat, Littlefield, is easily accessible. This is an exceptional opportunity to acquire a well-established grain handling facility with significant storage capacity and prime highway frontage. The property's size, location, and existing infrastructure make it an attractive investment for those seeking a foothold in the Texas agricultural market.

    Property Features for 0 Commercial Grain Handling Facility

    General Information

    Property type
    Land
    Square Feet
    4,000 SF
    Lot Size
    479,160 SF

    Building Details

    Year Built/Renovated
    1960/2010

    HighLights

    • $1,799,000 asking price for this commercial grain handling facility.
    • 4,000 square foot office building on 11 acres of land.
    • Built in 1960, renovated in 2010.
    • 1,311,000 bushels of permitted storage capacity.
    • Located in Springlake, TX, on US Highway 70, offering approximately 1,250 feet of highway frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springlake
    County
    Lamb
    State
    Texas
    Longitude
    -102.2891314
    Latitude
    34.209188

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    FAQs

    What type of property is this?
    Land - 11-Acre Commercial Property, $1.8M
    Where is this land located?
    The property is located at Commercial Grain Handling Facility Springlake, TX.
    What is the asking price?
    The asking price for this property is $1,799,000.
    What are key features of this property?
    This property features: $1,799,000 asking price for this commercial grain handling facility.; 4,000 square foot office building on 11 acres of land.; Built in 1960, renovated in 2010.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Commercial Grain Handling Facility Springlake, TX 79082
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