TALB Member:

Charles Davidson | Broker/Associate

Office: 2104155570

Home: 210-415-5570

Cell: 210-415-5570

100 W. Olmos Drive Suite 101

San Antonio, Texas, 78212

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Property Description

Boltons Crown Quality is a long-time standard in the Wichita Falls/Vernon area of agriculture and ranching, and is an active commercial grain facility with a storage capacity of 700,000 bushels.

The main Vernon location consists of one concrete upright 14 bin cluster with a 550,000-bushel storage capacity, one concrete upright 6 bin cluster with 150,000-bushel storage capacity, feed mill, seed office, truck scales, and grain probe. The second location is in Harrold, and over 1.3 total miles of rail line in Vernon and Harrold are also available separately.

Property:

The actual real estate is comprised of 336,719 square feet, or 7.73 acres. The subject fronts the western line of Fannin Street for approximately 375 linear feet.

Utilities:

Water, sewer, and electricity are available to the subject. Electric services, water, and sewer are all provided by city of Vernon. Atmos Energy supplies natural gas service.

Zoning:

The site is zoned commercial.

Improvements:

The improvements consist of two reinforced concrete grain elevators and annexes, office/scale house in Vernon (2,275 square feet), office/scale house on leased land in Harrold (700 square feet)two truck scales, quonset building, with a total grain storage capacity of 700,000 bushels, and railway service.

The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.

Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas; Oklahoma; Colorado; Louisiana; Arkansas; and New Mexico are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate, Colorado real estate, Oklahoma real estate, Arkansas Real Estate, or Louisiana real estate should investigate any concerns regarding a specific real property to their satisfaction.

When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.

Republic Ranches, LLC reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. Republic Ranches, LLC also reserves the right to refuse to show a property to a potential buyer for any reason at Republic Ranches, LLC's sole and absolute discretion.

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