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    Commercial Grain Handling Facility Springlake, TX 79082
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    Commercial Grain Handling Facility, Springlake, TX 79082

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    • Office Spaces
    • 4,000 SF
    • 11.00 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 0 Commercial Grain Handling Facility

    Year built
    1960
    Lot size
    11.00 lot acres
    Property type
    Office Spaces
    Property subtype
    Land

    Description

    This exceptional 11-acre commercial property in Springlake, Texas, presents a unique investment opportunity. The facility boasts a 4,000 square-foot office building, constructed in 1960 and renovated in 2010. It features approximately 1,250 feet of frontage along US Highway 70, offering excellent visibility and accessibility. The property's permitted grain storage capacity is 1,311,000 bushels, supported by Texas Department of Agriculture Account Number 0237169. Situated on mostly level terrain at an elevation of approximately 3,690 feet, the site appears to be outside of a flood hazard area. The property's irregular shape encompasses approximately 10.54 acres. Legal descriptions will be finalized via survey at closing. Located in Lamb County, in the southwestern Texas panhandle, this property benefits from its proximity to key transportation routes and a well-established agricultural community. The county seat, Littlefield, is easily accessible. This is an exceptional opportunity to acquire a well-established grain handling facility with significant storage capacity and prime highway frontage. The property's size, location, and existing infrastructure make it an attractive investment for those seeking a foothold in the Texas agricultural market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Springlake
    County
    Lamb
    State
    Texas
    Longitude
    -102.289
    Latitude
    34.2092
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