Sterley Grain Facility Lockney, TX 79241
The Sterley Grain Facility in Lockney, Texas presents a significant investment opportunity in the agricultural sector. This well-established country facility boasts a substantial storage capacity of 2,162,000 bushels, spread across a variety of storage options including concrete, steel, and flat storage. The property encompasses over 13 acres of land, providing ample space for operations and future expansion. Key features include two elevator legs, ensuring efficient grain handling and processing. An on-site office provides convenient administrative space, and a 70-foot truck scale located near the office facilitates accurate weighing and efficient loading/unloading processes. The facility's robust construction, combining concrete and steel elements, ensures durability and longevity. This turnkey operation is ready for immediate use and offers significant potential for growth within the thriving agricultural market of the Texas Panhandle. The asking price is $350,000. This represents a compelling opportunity for investors seeking a profitable venture in the grain storage industry. The property's size, capacity, and existing infrastructure make it an ideal acquisition for established businesses or those looking to enter the market. Serious inquiries are encouraged.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.