Potential Hemp Redevelopment Facility
Industrial
for Sale
| Catylist Listing ID: |
30456274 |
| Property Subtypes: |
Warehouse/Distribution
|
| Building Size (RSF): |
27,000 SF
|
| Gross Building Area: |
39,000 SF |
| Sale Price: |
$452,000 |
| Unit Price: |
$16.74 PSF |
| Ceiling: |
16 ft. |
| Docks/Doors: |
4 Doors |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Potato Warehouse and Sheds |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/30/2020 |
Overview / Comments
|
The industrial hemp market is now legal for the State of Texas. 27,000+ square foot warehouse has potential for an industrial hemp grow house or processing with additional metal sheds suitable for equipment or commodity storage. Initially constructed as a potato processing, cooling and distribution facility with 15,000 square feet of 24 foot tall insulated chilled divided areas. Cooling equipment not currently operable. 12,000 attached warehouse contains the processing and handling equipment with overhead dock high load out capability. 3 Out metal sheds are 6000, 4000 and 2000 square feet. All located on 4 acre pad with access to city water. Adjoining farmland is also currently listed for sale. Wooden office with drive over scales also onsite.
|
Additional Details
| Nearest MSA: |
Plainview |
| County: |
Hale |
| Taxing Authority: |
Hale County Central Appraisal |
| Zoning: |
AG USE |
| Property Located Between: |
Lubbock and Amarillo |
| Highway Access: |
FM 179 West of Interstate 27 |
| Airports: |
None |
| Site Description: |
Warehouse site adjoining farm land with paved access |
| Area Description: |
High Plains of Texas Panhandle. |
| Total Number of Buildings: |
5 |
| Number of Stories: |
1 |
| Property Condition: |
Fair |
| Year Built: |
1989 |
| Roof Type: |
Gable |
| Construction/Siding: |
Metal Siding |
| Eave Height: |
24 |
| Heat Type: |
Electricity |
| Land Ownership: |
Fee simple estate. |
| Legal Description: |
AB 121 Pre Eliza Davis Sec 1 out of NE/c of E/2 4.184 acres |
Demographic Statistics
| Proximity: |
5 miles |
| Total Population: |
564 |
| Median Age: |
42.44 |
| Households: |
205 |
|
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