2873, 2871 GIN ROAD, INEZ, TX 77968

Homes for sale in 2871 Gin Road.

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Active

List Price$1,500,000

2873, 2871 Gin Road

Inez, TX 77968

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Listing #603092

12,137

Square Feet

Commercial

Type

About This Property

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 Features

Location Information

County

Victoria

Directions

From hwy 59 in Telferner turn on FM 1686, continue 6.8 miles until you reach Gin Road. The grain silos will be on your left after turning onto Gin Rd and the office, scale, and barns will be on your right.

Subdivision

W A Woods Sub #2

Interior Features

Cooling

1 Unit

Disabled Features

None

Floors

Concrete

Exterior Features

Construction/Exterior

Block, Metal Frame, Concrete

Lot Size in Acres

9.03

Foundation

Slab

Water Body

None

Possession

Closing & Funding, Closing

Has Waterfront

No

Water / Sewer

Septic Tank

Has View

No

Parking Description

Parking Space(s)

View

None

Additional Information

Other Utilities

Electricity Available

Year Built

1967

Property Type

COM

Status

Active

Property SubType

Commercial

Amenities

None

Property SubType 2

Commercial Sale

Square Feet Source

Appraiser

Similar Listings

Mortgage Calculator

$7,005

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,405

Monthly Tax

$1,250

Monthly Insurance

$350

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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