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Tractor Talk Discussion Forum

Grain Tank Value

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David in MD

07-19-2004 10:30:47




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Coworker has an old superior 10,000 bu grain tank w/ stirrator and drying fan/burner. Neighbor inquired about buying it. How much would it be worth to sell or to rent for storage on site?




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paul

07-19-2004 11:59:38




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 Re: Grain Tank Value in reply to David in MD, 07-19-2004 10:30:47  
Elevator charges 3 cents a bu locally per month, so 1-2 cents a month plus pay for electric & gas used..... Starting point, adjust for features & good or bad condition. Many have gone to a penny per month per bu capacity for 8 months (assumed useage), no matter how much or how long it is used - or they sit empty, only a small pile in it on bumper crop years. Easier to charge a flat rate & everyone knows the costs/ incomes. Add the elec & gas used.

They sell fairly cheap as most of the cost is in the concrete & moving & fixing what's not right. Maybe $500, over $1000 if the stir/ drying part is in really good shape - generally they are not.

--->Paul

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