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    OFF-MARKET
    Land

    2676 Co Rd, Friona, TX 79035

    599.08 ac lot
    Property ID
    Property summary
    AI-generated overview

    This expansive 599.08-acre agricultural property in Parmer County, Texas, presents a unique turnkey opportunity. Located approximately six miles northeast of Friona, it boasts a substantial dairy operation permitted for 5,300 cattle (3,000 milking), featuring a 17,100 sq. ft. double-40 parallel milking parlor complete with milk room, equipment room, restroom, breezeway, covered and open holding pens, and a 3,425 sq. ft. hospital barn. Supporting infrastructure includes a 5,400 sq. ft. commodity barn with eight concrete bays, a hay shed, and a shop. Waste management is addressed by a retention control structure and two concrete settling basins. Irrigation is facilitated by 290 acres of cropland equipped with Zimmatic center pivots (1-7 Tower and 1-9 Tower). The property also includes two homes and two mobile homes. Water resources consist of a primary well (175 GPM) serving the dairy and a domestic well (150-200 GPM) for dwellings and irrigation. The milk cow herd, support animals, feed, and equipment are available for purchase under a separate agreement. This property offers a comprehensive and established dairy operation with significant potential for expansion and growth, situated along US Highway 60, County Road E, and County Road 23. The asking price is $4,300,000.

    Property profile
    Verified
    Property type Land
    Lot 599.08 ac (26,095,925 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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