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Texas Best Organics Inc 2243 North St 4,500 SF 100% Leased Industrial Building Nome, TX 77629 $3,908,576 CAD ($868.57 CAD/SF) 6.40% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Organic Rice Dryer
  • Organic Rice Mill

EXECUTIVE SUMMARY

Seller offering owner financing with 20% down and 5.5% APR for 10 years.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,908,576 CAD
Price Per SF $868.57 CAD
Sale Type Investment or Owner User
Cap Rate 6.40%
Sale Condition Business Value Included
Property Type
Industrial
  • Industrial Food Processing
  • Industrial Warehouse
Building Class C
Lot Size 0.14 AC
Rentable Building Area 4,500 SF
No. Stories 1
Year Built 1955
Cross Streets Highway 90

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

ABOUT 2243 NORTH ST , NOME, TX 77629

Certified organic rice mill & dryer facility available for sale, with owner retiring and offering owner financing at 5% interest. The rice dryer bins have a total carrying capacity of 68,000 BBLS, approximately 11,000,000 lbs. The dryer features an 8" grain loop system to load &unload trucks and a Sukup double-stacked dryer unit with a 600-gallon propane tank. The computer-controlled dryer is highly efficient, capable of drying moisture at least 0.03% on 50,000 lbs. per hour. Adjacent to the dryer, the rice mill is housed in a concrete building with a 4 10" Sheller head capacity for 8 tons of rough rice per hour, and a Patty separator to accommodate the sheller. The mill includes2 vertical stone mills, 1 large finishing polishing machine, a Rotex machine, a large color sorter, 5'x9' storage bins, and 1 square tank with a 100,000 lbs. capacity for packaging. The mill is primarily complete but requires some work to be fully operational. These facilities span almost 6 acres of property,

  • Listing ID: 32660993

  • Date on Market: 2024-08-01

  • Last Updated:

  • Address: 2243 North St, Nome, TX 77629

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