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Anonymous
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Wondering if someone has any Agri grain storage comps. The subject is new, $600,000 renovations of a Co-op Feed mill, milling dairy and cattle feed for local farmers. Has rail access.
Wondering if someone has any Agri grain storage comps. The subject is new, $600,000 renovations of a Co-op Feed mill, milling dairy and cattle feed for local farmers. Has rail access.
Terrel,
Try contacting some of the large regional cooperatives like Farmland or Cenex, whoever is in your area. If you can get the right person, they know what facilities have changed ownership.
Best of Luck
Dave Koenigshof
Thanks Jim. I have avoided the assignment so far, but suspect I will have to deal with it the next time the examiners hit the bank as they always follow up of the prior visit's write ups. About June.
Got a worse assignment. Small grain mill (no biggie problem) but at an commercial egg operation that is now defunct. they are still selling feed but the egg houses (80,000 SF of them) and the egg warehouse (chill room and egg sorters) are idle. Worse, lagoon is EPA permitted and I and the lender are arguing over how to estimate a cost to close (Lagoon is for the egg houses which are shot - the ammonia has eat huge holes in the metal roof and corroded most of the electrical fixtures. I am trying to get them to estimate the closure. I have a environmental remediation cost book, but i don't trust the numbers, even though my state DEQ buddies (two of my old classmates are Environmental scientists with the State) think it is no biggie to suck up the juice and doze in the pit...yeah, right.