8801 E County Road 120 - Specialty FOR SALE


Midland, TX 79706
$10,000,000 USD
432-234-4596
8801 E County Road 120, Midland, TX for Sale
$10,000,000 USD
Specialty - FOR SALE
1/23
null | Request Cap Rate

8801 E County Road 120
Midland, TX 79706


HIGHLIGHTS

  • Great Location
  • Water Contract
  • Vineyard
  • Oustanding Location for Future Development

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$714 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Red Star Farm

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

COM

APN/PARCEL ID

R000001-081,R000001-082,R000001-083,R000001-084,R000001-085

ASK ABOUT THIS PROPERTY

Taylor DickersonFathom RealtyMore Info
432-234-4596

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Taylor DickersonFathom RealtyMore Info
432-234-4596

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.