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Wood Hi Gin 2871 Gin Rd 12,137 SF Industrial Building Inez, TX 77968 $1,100,000 ($90.63/SF)
Investment Highlights
- Great location with multiple ingress and egress locations
- Located centrally in vast amounts of farmland
Executive Summary
Great opportunity to own the Wood Hi Gin, a grain handling facility that has been a vital part of the Wood Hi community for over 50 years. This area is known for farming, which is one of the major revenue sources in this part of the county. The capacity is 428,571 bushels which consist of four 1 million lb. silos and four 5 million lb. silos. One of the million lb. silos was replaced in 2018. Supporting the facility are 2 unloading pits (1 covered), 2 elevator legs, an office, large barns, and a certified scale. The property consists of approximately 9.03 acres with easy access for large trucks. The facility has not been operating at maximum capacity the past few years so there is substantial potential to increase revenue and profits.
Property Facts
| Price | $1,100,000 | Rentable Building Area | 12,137 SF |
| Price Per SF | $90.63 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1967 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 9.03 AC |
| Price | $1,100,000 |
| Price Per SF | $90.63 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 9.03 AC |
| Rentable Building Area | 12,137 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
Amenities
- 24 Hour Access
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
- Heating
1 1
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $588,430 | |
| Land Assessment | $178,260 | Total Assessment | $766,690 |
Property Taxes
Parcel Numbers
Land Assessment
$178,260
Improvements Assessment
$588,430
Total Assessment
$766,690
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