8801 E County Road 120 - Red Star Farm
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8801 E County Road 120 - Red Star Farm
14,000 SF Specialty Building Offered at $10,000,000 in Midland, TX 79706
Investment Highlights
- Great Location
- Vineyard
- Water Contract
- Oustanding Location for Future Development
Executive Summary
Red Star Farm is a unique, one-of-a-kind property built by it’s owner from the ground up. The 155 acre farm boasts unique architecture and a lucrative investment opportunity. This property has the potential to be used in many ways. Originally, Red Star Farm was a fully operation vineyard in the heart of West Texas, selling fruit to wineries along the I-35 corridor of central Texas. Today, the investment opportunities are endless. Whether you plan to use this property for business or personal purposes, Red Star is sure to accommodate your needs. The main barndominium is aprx 14,000 sq ft featuring 6 bedrooms/ 5 Bathrooms, 2 kitchens, 3 living areas, 1 great room, a movie room, and a separate equipment barn. The farm also has a water sale contract in place that makes for great passive income. Currently, the contract allows for annual negotiations.
Property Facts
| Price | $10,000,000 | Building Class | C |
| Price Per SF | $714 | Building Size | 14,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 2004 |
| Property Subtype | Winery/Vineyard |
| Price | $10,000,000 |
| Price Per SF | $714 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Winery/Vineyard |
| Building Class | C |
| Building Size | 14,000 SF |
| No. Stories | 2 |
| Year Built | 2004 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $922,950 | |
| Land Assessment | $800 | Total Assessment | $987,020 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$800
Improvements Assessment
$922,950
Total Assessment
$987,020
zoning
| Zoning Code | COM (Commercial) |
| COM (Commercial) |
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Taylor Dickerson -
Fathom Realty
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8801 E County Road 120 - Red Star Farm
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