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W Hwy 107

261,581 SF Industrial Building Monte Alto, TX 78538 £7,824,500 (£30/SF)

Executive Summary

Formerly the Rio Grande Valley Sugar Mill, this large industrial site offers an excellent value to investors or owner/user. The site is 608 acres (per survey), 300+/- ACS farmland, 160+/- ACS mill footprint & 148 +/- ACS of utility land. Improvements include 16,995 SF of airconditioned office space, 244,000 +/- SF of warehouse, storage and processing buildings suitable for manufacturing or fabricating or storage, 2 - 2million gallon and 1- 1million gallon storage tanks currently used to store molasses, a water filtration system capable of producing 400 GPM of RO quality water from irrigation water and 3 -500,000 gallon water storage tanks. The property also includes several large, stabilized, equipment/ trucks yards that are capable of storing very large volumes of trucks or equipment along with a truck scale and a refueling station capable of holding over 80,000 gallons of diesel fuel and rail access.

Property Facts

Price £7,824,500
Price Per SF £30
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
Building Class B
Lot Size 608.00 AC
Rentable Building Area 261,581 SF
Number of Floors 1
Year Built 1987
Tenancy Single

Utilities

  • Gas - Natural

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
N3400-00-000-2574-01
Land Assessment
£625,343
Improvements Assessment
£0
Total Assessment
£625,343
  • Listing ID: 33464498

  • Date on Market: 09/10/2024

  • Last Updated:

  • Address: W Hwy 107, Monte Alto, TX 78538

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