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listing
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LandFor Sale
$15,000,000
001 County Rd 57
Unincorporated, TX 99999
Courtesy of Team Juan Uribe
MLS: Greater El Paso Association of Realtors (GEPAR)
216,493,200Sq Ft
Est. Mortgage
$77,527/mo

This is a NNN investment, this expansive 5,000 acre farm is currently leased on a 7 year lease with 5 years left with NNN terms. The current tenant pays $850,000/year. The owner pays for the property taxes of approximately $8,000/year. There is a possibility for additional income by leasing the hunting rights by about $25,000/year. The property has 23 pivots that are functioning and in use on approximately 3,700 acres of the total farm land. There are 90 operating wells out of 100 total wells on site. There are no oil rights. The property is located West of Lubbock, TX, approximately 62 miles.

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Listing provided by Team Juan Uribe
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