Is this your property? Sell it faster with premium placement and targeted ads.
REDUCED BY OVER $100K FROM PRIOR LIST PRICE!
Coldwell Banker Commercial Southwest Partners in a strategic collaboration with Heritage Texas Country Properties have been retained as the exclusive advisors for the sale of the YBarra Poultry Production, a successful business in operation for 18 years, and positive cash flowing farm supplying eggs to Tyson Breeders in the Piney Woods area of northeast Texas in the Shreveport, Louisiana DMA (television market area).
One of very few under $1M farm opportunities in the SW market today that can cover debt service and generate a positive cash flow based on current operations.
Very productive Tyson breeder farm has 4 breeder houses, shops & barns, sheds, main house & separate homes for workers. Main residence recently updated with new wood flooring, new appliances & central air & heating systems. Main residence has an in ground swimming pool th...
Very productive Tyson breeder farm has 4 breeder houses, shops & barns, sheds, main house & separate homes for workers. Main residence recently updated with new wood flooring, new appliances & central air & heating systems. Main residence has an in ground swimming pool that overlooks the rolling terrain.
Rolling terrain, excellent soil, range of hardwoods and 800'+ of lake view frontage.
YBarra Farm presents a unique range of features to support multiple agricultural businesses with a potentially stunning water-front home site with complete privacy from agriculture operations.
HIGHLIGHTS
(1) 67,300 SF of farm improvements and 1,800 SF 3/2 main residence and two mobile homes.
(2) 154+ acres with extraordinary balance of 48.6% hardwoods, 50.4% farm land and 1% residential.
(3) Poultry production with $188K avg annual revenue, $68K avg annual pre-tax income and $91K avg est annual cash flow excluding cattle operation and hay production.
(4) Just 11 mi. to Center, the Shelby County Seat, with a broad range of retail, service, education and healthcare.
(5) Excellent regional access: 23 mi. to Nacogdoches, 50 mi. to Lufkin,74 mi. to Coushatta and 85 mi. to Shreveport.
(6) Residents attend excellent schools, with TEA Exemplary and Recognized ratings, high GreatSchools ratings, very high TAKS scores and superior parent reviews.
(7) Compared to ALL Benchmarks, the Census Tract has: highest annual % growth in median household income & home values; highest % NO mortgages; & lowest % unemployment.
(8) Compared to LOCAL Benchmarks, the Census Tract has highest %: $500K-$999K household net worth, $250K+ household incomes and $750K+ home values.
AREA Benchmarks include: 5-mi. radius, Census Tract, City of Center, 10-minute drive-time, 75935 zip code, Shelby County and City of Nacogdoches. ALL Benchmarks include: AREA Benchmarks, the Shreveport DMA, Texas and the US.
PROPERTY OVERVIEW
154+ acres in the Piney Woods Region with frontage on County Road 1205 about 1-mi. west of TX HWY 7. YBarra Farm features a rolling topography with over 800 of frontage on the Pinkston Reservoir (Pinkston Lake). With an almost perfect blend of 50% wooded with pines and hardwoods and 50% pasture the property offers a tremendous range of fauna in a great ecosystem.
The majority of the land consists of a sand and loam soil combination excellent setting for crops, equestrian or cattle (the owner indicates it can easily support 100 head) and other agricultural pursuits.
YBarra Farm presents an ideal setting for a combined poultry, cattle and hay production operation.
YBarra Farm is one of the few farm opportunities on the market today that can cover proposed debt service and generate a positive cash flow based on current operations that are included in this listing.
IMPROVEMENTS
(16) Four Breeder Houses with 62,400 SF. Metal with metal roofs. Two of the breeder houses are 14,000 SF each (40 by 350) built in 1989 per SCAD. Two are 17,200 SF each (40 by 430) built in 1995 per appraisal. Each has auto nests, egg cooers and ventilated tunnels.
(17) Barn with 2,400 SF per SCAD. Built in 1960. Metal construction with cement and dirt floors. 5 horse stalls, staging and storage areas to accommodate horses and hay storage. Electric in building.
(18) Shop with 900 SF. Built in 1960. Metal construction and cement floor. Built-in work benches. Electric in building.
(19) Pasture storage shed with 1,600 SF. Unknown build date. Wood shed with metal roof and dirt floor.
(20) Generator. 75KW self-contained generator with 55 gallon-above ground diesel tank in a concrete slab shed.
(21) Incinerator. Burn-Easy diesel fired unit of steel & concrete construction with 2 burn chambers.
(22) Loading pads. Cement load out pads.
(23) Roads. Extensive interior gravel roads about 9 years old in good-condition.
(24) Main pool home with 1,800 SF per owner + 1,207 SF of decks per appraisal. 3 bedroom 2 bath traditional frame with cedar exterior on a pier and beam foundation. Extensive renovations just completed. Build date unknown. Roof and water heater were replaced in 2008, a new dishwasher and carpeting were installed in 2006. Currently occupied by property owners.
(25) 2 Storage sheds with 224 SF. SF per appraisal. Build date unknown.
(26) Manufactured home # 1 with 781 SF. SF per appraisal. 2 bedroom, 1 bath home on a concrete block foundation built in 1987 in fair condition. Enhanced with a 96 SF covered porch. Currently occupied by contractors involved in the business.
(27) Manufactured home # 2 with 400 SF. SF per SCAD. 1 bedroom, 1 bath home. Currently occupied by contractors involved in the business.
LEGAL
(28) In City Limits? NO
(29) 2010 taxes. $3,259 on the 4 tracts. Includes Agricultural and Homestead exemptions. Consult your tax advisor regarding your expected taxes.
(30) Minerals. None convey.
(31) Zoning. None.
BUSINESS AND FINANCIALS
(32) Business overview. YBarra Farm has been in business for 17 years. All 17 years have been with Tyson. YBarra Farm provides breeder stock under contract to Tyson Foods. Tyson currently operates a regional processing plant in Center, Texas approximately 8 miles northeast of the property.
(33) Contract. As standard in the industry, the contract is a one-year agreement. Tyson assumes responsibility for stock subject to certain limitations.
(34) $188K avg annual revenues. Based on provided IRS Tax Returns, YBarra Farm averaged $188,200 in poultry revenues in the Tax Years 2008 and 2009.
(35) $68K avg annual pre-tax income. Based on provided IRS Tax Returns, YBarra Farm averaged $68,187 in poultry revenues in the Tax Years 2008 and 2009.
(36) $91K avg estimated annual cash flow. Based on our analysis of provided IRS Tax Returns, YBarra Farm averaged $91,555 in estimated cash flow. Our estimate is based on adjustments including (a) discretionary owner expenses allowable under IRS guidelines but not directly related to the business operations and (b) non-cash items such as depreciation.
(37) 1.687M asset valuation. Our proprietary model values the tangible assets at $1,687,502.
(38) Cattle, the first other YBarra Farm business. The Farm is an active cattle operation. No valuation of this asset or recognition of resulting revenues, income or cash flow is included in our calculations. The cattle stock are NOT included in this sale.
(39) Hay, the second other YBarra Farm business. With over 77 acres of ranch land, The YBarra Farm is an active hay producer generating hay for its cattle operation as well as for resale in the local market. No valuation of this asset or recognition of resulting revenues, income or cash flow is included in our calculations.
(40) Disclosure of tax returns and poultry contract. Upon execution of a confidentiality agreement, we will provide you with tax returns related to the poultry operation from 2007 to 2009 and a copy of the Tyson production contract.
LOCATION
(41) 1 mi. to Texas HWY 7. The property affords privacy and tranquility while only 11 miles from Center, the Shelby County Seat,
(42) Just 11 mi. to a broad range of retail, service and healthcare. Center is the home of Shelby Regional Medical Center; a junior college; many restaurants and eateries including major franchises demonstrating the local economy viability including McDonalds, Sonic, Dairy Queen and Pizza Hut; and excellent regional proximity.
(43) Excellent regional access. 23 mi. to Nacogdoches, 50 mi. to Lufkin,74 mi. to Coushatta and 85 mi. to Shreveport.
(44) Two commercial air port alternatives. 81 mi. to Shreveport Regional (SHV) with service to Las Vegas, DFW, Branson, MO, IAH, Atlanta and Memphis and 152 mi. to Houston Intercontinental IAH).
(45) Regional interstate highway service. 47 mi. to I49, 62 mi. I20 and 118 mi. to I45.
(46) In the affluent Shreveport DMA. The Shreveport DMA is a stabiized regional economy benefitting from economic recovery in Texas and Louisiana.
GRAPHIC ANALYSIS
All analysis is based on defined and published sources. Unless otherwise noted, all demographic and econometric data is from Site to do Business, the demographic & econometric arm of the Certified Commercial Investment Member (CCIM) Commercial Investment Real Estate Institute. This CCIM service is in collaboration with ESRI.
Most annual % change estimates and traffic projections are based on Coldwell Banker Commercial Southwest Partners proprietary models.
There are 1,468 underlying PDF sets. All are available on the property website or on request.
There are 62 property and area links. All are available on the property website or on request.
DISCLOSURES & COPYRIGHTS
Coldwell Banker Commercial Southwest Partners is a wholly owned franchise of Alexander Tiffany Southwest, LLC. Analysis is preliminary, based on proprietary systems and models, is time sensitive and based on assumptions-stated and unstated. Graphics are only renderings. Measurements are only estimates. No warranties are expressed or implied. All content is protected by copyright laws, is only for prospects or legal representatives, and should not replace buyers own due diligence and analysis. Any other use is prohibited.
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Information