Located In: Parmer County

Property Description

The Rhea Grain Facility is a unique property, offering grain storage opportunities for Texas and New Mexico area producers. The facility sits on ±10 acres, surrounded by dryland and irrigated farms. There is a 70 ft. in-ground scale, scale house, 2 steel hopper bins, and 2 elevator legs with pavement access. Take a look!

Price: $150,000

Status: Sold

Type: Commercial

Size: ±10 Acres

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Rhea Grain Facility is located on the Texas/New Mexico border, approximately 23 miles northwest of Friona.

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Property Info and Links

Location:
Rhea Grain Facility is very accessible from paved roads and is located 23 miles northwest of Friona, TX. The facility is approximately an hour and a half drive to Amarillo.
 
Water:
Water is provide to the facility through a private well on the property.

History:
The facility has not stored grain within the last 2 years. Prior to that, the facility was used by area producers.
 
Improvements:
Rhea Grain Facility features ideal set up for a small grain operation on ±10 acres. Two steel hopper bins that holds a combined 94,000 bushels of grain along with a remolded scale house, 70 ft. in-ground scale, and a new electric scale head. There is a private well on the property.
 
Landscape:
The property is mostly flat. The soils here within are listed with accompanying percentages for area of interest totaling 100%: Olton Clay Loam (OcA) 100.00%.
 
Please see Soil Report for more details.
 
Exclusions:
The exclusions from the sale of this property include: all inventories owned by or under the control of the seller, all rolling stock on the property, all office furniture and equipment, all machinery and equipment, all signage and all personal property owned by third parties.
 
Zoning/Easements: 
The property is outside of any municipality so is not zoned. There are no known easements that would affect operation of the land. It is anticipated all existing easements will be identified by surveyors.
 
Estimated Taxes:
*$568.32

*This is an estimated taxes for 2022. Potential buyers will be responsible for verifying the taxes with any potential exemptions.

 
Water Conservation District: 
Rhea Grain Facility lies within the High Plains Groundwater Conservation District. Check out their website for more information.
 
 Area:  
The property is located on the Texas/New Mexico State Line off of County Road B. It its on the north side of the road.
 
Access:
The facility is accessible from paved county roads. There are two main points of access to the property that lead to the in-ground scales and the two hoppers.
 
Directions:
From Friona, head west on W 11th St toward TX-214 N. Turn right onto FM 2013/11th St. Continue on FM 2013 til the property is on the north side of the road.

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1
±10 Acres

2
94,000 Total Bushel Capacity

3
In-Ground Scale & Updated Scale House

4
Private Well

Property Map