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In-PersonVirtual Tour
$ 1,250,000
Est. payment | /mo
10,800 SqFt
$ 1,250,000
Est. payment | /mo
10,800 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active Option Contract
Purchase Type For Sale
Square Footage 10,800 sqft
Price per Sqft $115
Subdivision Enchanted Lakes Pc
MLS Listing ID 20885806
Total Fin. Sqft 10800
Year Built 2020
Annual Tax Amount $2,822
Lot Size 3.252 Acres
Acres 3.252
Property Sub-Type Business
Property Description
7% cap rate, this TURN KEY and historically leased to capacity offers 96 insulated Storage and Covered RV-Boat units, 35 open vehicle parking, Built in 2020, this drive up, turn-key self storage facility offers an automated operational system but with minimum operational costs and can be remotely managed. Contact-less move in, business and units are managed using a web-based system with an established website with online payment capabilities. Adjacent to multiple residential communities with 6 more in development - suggesting greater demand. Fast access to nearby Azle Hwy, this property is located in a high-growth corridor with promising future development. A variety of unit sizes offered with roll up doors and clean concrete floors, 4k digital video surveillance 24-7, secured gated entry and security lighting keep the property well lit during evening hours. The RV-Boat units provide 40ft ceiling heights, protected on all sides, lot is spacious enough to add additional non-covered vehicle parking rental income. Additional .64 acres allows for expansion of 4 more buildings with 60Ft wide turn around access for your biggest trucks - Huge Value Add Opportunity. With excellent exposure off heavily traveled Veal Station road, the property markets itself!
Location
State TX
County Parker
Zoning C
Direction gps
Interior
Heating None
Cooling None
Flooring Concrete
Heat Source None
Exterior
Utilities Available Electricity Connected
Roof Type Metal
Garage No
Building
Lot Description Cleared, Flag Lot
Foundation Slab
Structure Type Concrete,Frame,Metal Siding
Others
Ownership Texas Storage Center LLC
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20885806
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Listed by Stacy Byassee • Fathom Realty, LLC
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Cathy Waters
REALTOR® | Lic# 577366