New Deal Seed Conditioning/Storage Facility
Industrial | 112,267 SqFt
Marketing description
This property is a former grain/sorghum handling, conditioning and storage facility in New Deal, TX. The property is 15 miles North of Lubbock, TX and less than a 1/2 mile off of I27.
There is approximately 112,300 SF of building on the 8 acre site. That square footage is contained in an 11,494 SF office/lab building, 15,211 square feet of multi-story metal mill/conditioning plant, 83,202 SF in four warehouse buildings and 5,680 SF of shop/office space. The main office/lab building, the two larger warehouses and the mill/condditioning plant building are all interconnected.
The office building has 10 offices, sales area, scale office, lab room, cafeteria, conference room and 4 non-ADA compliant restrooms. Ther ecurrently is a large functioning truck scale in place. This building is wood frame on a concrete slab with a metal roof.
The larger two warehouses are steel engineered buildings with ground level overhead doors on each end and 26,680 and 28,200 SF respectively.
There is roughly 245,000 bushels of storage on the property in 37 flat bottom and 9 steel hopper bins.
The property backs up to a rail line but does not have actual access to that line through a rail spur.
Investment highlights
The property is currently vacant but there are over 11,000 SF of office space and almost 100,000 SF of warehouse/shop space that could be leased. The mill/conditioning plant building would create the most income if it could be leased to an existing grain seed business to operate.
There are over 30 grainstorage bins on the propety as well that could be leased.
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