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Land for Sale in Springlake, Texas

Lamb County, Springlake, TX

$1,799,000
11 acres
Active
Est $12,719/mo

SIGNIFICANT PRICE REDUCTION!!

This is a very nice operating commercial grain handling facility. It has a permitted capacity of 1,311,000 bushels and has an average annual volume, over the last eight years, of 1,814,099 bushels per year. The highest year being 3,301,235 bushels and the smallest year being 646,039 bushels during a drought. 750,000 bushels of milo in storage that is available.

The business is for sale along with most of the essential rolling stock, office furniture, and customer list. There are four employees that can run the operations of the facility, and they are interested in staying with the business.

The layout of this facility offers lots of flexibility in handling different crops in order of decreasing volumes: corn, milo, wheat, sunflowers, and soybeans. There is also the possibility to segregate certified organic crops.

Plenty of office space and storage is available for additional services. The location of this elevator is great for drawing grain in due to the lack of operational elevators to the south of Springlake.

Location

Coordinates
34.231, -102.3032

Directions

On the east side of Springlake. East of the intersection of US Highway 385 and US Highway 70 on the south side of the road.

Property details

Acreage
11 acres
Showing
Appointment only
Posted

Property taxes

2022
$5,288

Details and features

Exterior

Features
Grain Storage

Listing history

DateEventPriceChangeSource
June 28, 2023New listing$1,799,000Listing agent
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This 11-acre property is located in Springlake, TX . The property is available for sale for $1,799,000 with a price per acre of $163,545.

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