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Grain Elevator/Storage Facility For Sale

$4,800,000

2100 East 37th Street, Lubbock, TX 79404

Active
Last Updated: 05/16/2025

11.596 acres

Lot Area

1950

Year Built

Details:
Lot Area:    11.596 acres
Year Built:    1950
Highlights:
  • Operating High Speed Shuttle Loader/Unloader
  • Commodity storage for yellow corn, grain sorghum and wheat
  • Licensed storage capacity of 8,362,000 bushels
  • 120 rail car capacity
  • PSC short line rail to BNSF
Description:

Grain storage facility on rail available for sale. The property features concrete grain elevators with a storage capacity of 6,234,000 bushels and steel storage bins with an additional 1,805,000 bushel capacity on 11.596 acres of land. Additionally, there is a 1,000 sf office building, 800 sf shop, rail dump shed and truck scales.

Located at the intersection of Southeast Drive and East 37th Street

Map:
Documents:
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Lubbock_East_Sale_Brochure.pdf
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Lubbock_East_Sale_Brochure.pdf
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Today's Available Mortgage Rates

7031 Arctic Boulevard, Anchorage, Alaska 99518

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Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/06/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$10,046 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $1,565,200 Loan Amount
Details
Bank*Lender #1459
7 Year Fixed
30 Year Amortization
Interest rate 6.07% 7 Year Fixed
Mo. Payment$9,624 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 57% LTV $0 Lender fees
Loan Amount $1,593,150 Loan Amount
Details
Bank*Lender #1459
10 Year Fixed
30 Year Amortization
Interest rate 6.07% 10 Year Fixed
Mo. Payment$9,624 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 57% LTV $0 Lender fees
Loan Amount $1,593,150 Loan Amount
Details
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