Property profile

2676 Co Rd Friona, TX 79035

OFF-MARKET
Land
599.08 ac lot
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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

Location

2676 Co Rd Friona, TX 79035
Friona metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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