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Texas Best Organics Inc 2243 North St

4,500 SF 100% Leased Industrial Building Nome, TX 77629 $3,200,000 ($711/SF)

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

Property Facts

Price $3,200,000
Price Per SF $711
Sale Type Investment or Owner User
Sale Conditions 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

Texas Best Organics Inc. certified Organic Rice Mill and Dryer facility is located next to US Highway 90 and the railroad at 2243 North St., Nome, TX 77629. Rice dryer bins have a total carrying capacity of 68,000 BBLS, approximately 11,000,000 pounds. The dryer has an 8” grain loop system to load and unload trucks and a Sukup double-stacked dryer unit with a propane tank that is 600 gallons. The dryer is computer-controlled and efficient and can dry moisture at least .03% on 50,000 pounds per hour. The rice mill is adjacent to the dryer and in a concrete building with a 4 10” Sheller head capacity for eight tons of rough rice per hour, with a Patty separator to accommodate the sheller. The mill has two vertical stone mills and one large finishing polishing machine. Rotex machine, large color sorter, 5’ x 9’ storage bins, and one square 100,000 lbs capacity tank for packaging. The mill is primarily complete but does still need some work to be up and running. These facilities are on almost 6 acres of property with plenty of room for additions. Financials provided upon request.

  • Listing ID: 32660993

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 2243 North St, Nome, TX 77629

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