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59-Unit Self Storage Facility
For Sale
$289,900

401 7th Street, Portland, TX 78374

CommercialSale, Portland, TX

Property Size7,700 SF
Lot Size0.49 Acres
Price / SF$37.65
Days on Market43

Property Features for 401 7th Street

General Information

Property type Commercial Sale
Property subtype Other
Interior features Storage
Exterior features Storage
Subdivision Portland-Portland Tier F
Lot features Corner Lot, Level
Standard status Active
APN 70743
Size 7,700 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Description PORTLAND TIER F BLK 7 LOTS 1 THRU 6
Legal Description PORTLAND TIER F BLK 7 LOTS 1 THRU 6

Building Details

Year built 1966
Floors in Building 1
Building materials Block
Additional Structures Storage
Listing Agency: Cass Real Estate
Listed By: Brenton Reagan · License #0669077
Added: Jul 21 Changed: Aug 22 Last Checked: Sep 1 at 12:06AM
MLS# 479726

Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This self-storage property at 401 7th Street in Portland, Texas, contains 59 total units across approximately 7,700 square feet on 0.49 acres. The unit mix includes 53 cinder-block units and six trailer units, with configurations including 10x10, 10x20, and 10x30 spaces. The property was built in 1966 and includes storage areas, security lighting supported by on-site electricity, and block construction.

The facility is located in Olde Town, a block from Portland’s new 5th & Elm venue. Reported occupancy is 90%, with a 10.8% cap rate based on 2025 annual numbers. The site has no water, gas, climate-controlled units, or HVAC systems, and does not include open storage.

Key Highlights

  • 59 total units: 53 cinder‑block units and 6 trailer units
  • 90% occupancy and a 10.8% cap rate from 2025 annual numbers
  • Unit configurations include 10x10, 10x20, and 10x30 spaces

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply Law Firm Dental Office Real Estate Agency Restaurant Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

90%
Occupancy

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby

Demographics for 78374, TX

20,281
Population
8,426
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
18.6 sq mi
ZIP Area
1,090
Density / Sq Mi
$81,580
Median Household Income
$43,110
Median Earnings
$1,492
Median Rent
$225,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Storage property with block and trailer units, established occupancy, and limited maintenance requirements.
Where is this self storage facility located?
The property is located at 401 7th Street Portland, TX.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 59 total units: 53 cinder‑block units and 6 trailer units; 90% occupancy and a 10.8% cap rate from 2025 annual numbers; Unit configurations include 10x10, 10x20, and 10x30 spaces
More about this property
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