Halfway Grain Facility Plainview, TX 79072
The Halfway Grain Facility in Plainview, Texas presents a significant investment opportunity in the agricultural sector. This established facility boasts substantial grain storage capacity, holding a total of 2,100,000 bushels within its steel tanks. The property's strategic location offers convenient paved access directly from Highway 70 and Farm to Market Road 179, ensuring efficient transportation and logistics. The property encompasses approximately 8 acres of land, providing ample space for operations and future expansion. On-site improvements include a functional office building, ideal for administrative tasks and management, and a 70-foot truck scale for precise weight measurements during loading and unloading processes. This turnkey operation is ready for immediate use, offering a rare chance to acquire a well-established grain storage facility with significant capacity and convenient access. The asking price for this exceptional property is $250,000. This represents a compelling investment opportunity for those seeking to expand their grain storage capabilities or enter the agricultural storage market. The combination of substantial storage capacity, prime location, and existing infrastructure makes this property a highly attractive proposition.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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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.