Operational Storage Facility on
3450 Cathy Lane Belton, TX 76513
3450 Cathy Lane, Belton, TX, 76513
$750,000
For Sale
$750,000
20-unit storage facility with expansion potential on 4.5+ acres.
Property Size4,000 SF
Lot Size4.50 Acres
Price / SF$187.50
Days on Market1490
Property Features for 3450 Cathy Lane
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 4.50 Acres
- Property subtype
- Other
Listing Agency
(254) 913-7853
Listed by
Central Texas Auction Services
(254) 913-7853
Source
Xome
Added: Jun 21, 2022 Checked: Jul 19 at 1:53 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Central Texas Auction Services
Investment Insights
Based on property information with market context.
This fully operational 20-unit storage facility is situated just off FM 2410, outside the city limits. The property, encompassing over 4.5 acres, presents opportunities for expansion of the current storage facility, additional boat and/or RV storage, or development as an RV park. The property includes two parcels and a home, all being sold together. The property size is 4000 square feet.
Key Highlights
- Fully operational 20‑unit storage facility
- 4.5+ acre lot outside city limits offering expansion potential for storage, boat/RV storage, or RV park
- Includes a home
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.6k | $14.40 |
| − Vacancy | −$4.6k | −$1.15 |
| EGI | $53.0k | $13.25 |
| − OpEx | −$15.9k | −$3.97 |
| NOI | $37.1k | $9.27 |
4,000 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$529.9K
$463.7K – $618.2K
NOI $37,094 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$44.65M
$39.07M – $52.10M
NOI $3,125,808 @ 7.0% cap · market cap 416.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - 20-unit storage facility with expansion potential on 4.5+ acres.
Where is this self storage facility located?
The property is located at 3450 Cathy Lane Belton, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully operational 20‑unit storage facility; 4.5+ acre lot outside city limits offering expansion potential for storage, boat/RV storage, or RV park; Includes a home
