910 Fm 179 Plainview, TX 79072
The Halfway Grain Facility, located at 910 FM 179, Plainview, Texas 79072, presents a unique investment opportunity in Hale County. This vacant industrial property encompasses approximately 8 acres of land and offers substantial grain storage capacity. The facility boasts steel tanks capable of holding 2,100,000 bushels of grain, making it ideal for agricultural businesses or investors seeking significant storage solutions. Convenient paved access is provided via Highway 70 and Farm to Market Road 179, ensuring efficient transportation and logistics. On-site amenities include an office building, perfectly suited for administrative functions, and a 70-foot truck scale for precise weight measurements. The property's corner lot location provides excellent visibility and accessibility. The asking price for this turnkey operation is $250,000. This flex/warehouse property is ready for immediate occupancy and presents a compelling opportunity for expansion or diversification within the agricultural sector. The property's strategic location and substantial storage capacity make it a highly attractive investment prospect. This is a rare chance to acquire a well-established grain facility with significant potential for future growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.