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Property profile & analytics
OFF-MARKET
Commercial real estate

Sterley Grain Facility Lockney, TX 79241

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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