Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1140 Winn Rd Bowie, TX 76230

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $465,000

    RV storage facility with 39 spaces on a 5-acre lot.

    Lot size:
    5.00 Acres
    Added:
    Jan 16, 2025
    Days on Market:
    468
    Last Refresh:
    Jan 14 at 5:27 am

    Property Features for 1140 Winn Rd

    General Information

    Standard status
    Active
    Lot size
    5.00 Acres

    We can help!

    Listing Contact
    Carol Ann Head

    Listing agent Carol Ann Head License #0713657

    Listing office 940 Real Estate Group

    Listing date Jan 16, 2025

    Source Exprealty

    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 940 Real Estate Group

    Overview

    RV Storage Facility on 5 Acres

    This RV storage facility is situated on a 5-acre lot, offering an investment opportunity between Wichita Falls and the DFW Metroplex. The property includes 39 parking spaces, suitable for RVs, trailers, and other vehicles. There are 19 covered spaces, 18 open spaces, and 2 full hook-up spaces. The facility is secured with a fenced perimeter, gated access with personalized gate codes, and 24/7 surveillance via security cameras. There is ample space for additional units or potential expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Department Store Storage Facility Discount Store Auto Parts Store Auto Repair Shop Pet Store & Service Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bowie
    County
    Montague
    State
    Texas
    Longitude
    -97.8258
    Latitude
    33.5181

    Nearby Similar for Sale

    • $550,000

      Fenced Bowie Yard with Offices

      3.54 acre fenced yard with offices in Bowie, TX.
      901 Decatur Street, Bowie, TX 76230
      View Details
    • $519,999
      2,661 SF

      Remodeled Home on 12+ Acres

      Updated 3-bed, 2-bath home on 12.47 acres in Bowie, TX.
      584 W Alamo Road, Bowie, TX 76230
      View Details
    • $799,000
      4,368 SF

      Versatile Multi-Dwelling Property with Shop

      10.75-acre property with multiple dwellings, shop, and wells.
      1341 Hildreth Pool Road, Bowie, TX 76230
      View Details
    • $299,000
      4,056 SF

      Bowie, TX Hotel/Motel Opportunity

      Income-generating motel or commercial property in the heart of Bowie.
      1408 E Wise Street, Bowie, TX 76230
      View Details
    • $339,500

      Storage Units For Sale

      36 storage units in a convenient location with high potential.
      308 Highway 59 S, Bowie, TX 76230
      View Details
    • $229,500

      Prime Commercial Property in Bowie

      High-visibility commercial building on Bowie's main street, ideal for business.
      413 E Wise Street, Bowie, TX 76230
      View Details
    • $225,000

      Commercial Property in Bowie, Texas

      Prime commercial property for sale or lease in Bowie, Texas.
      400 E Wise Street, Bowie, TX 76230
      View Details
    • $237,000

      Bowie Warehouse with Remodeled Office

      0.85-acre commercial property with city utilities and remodeled office.
      206 N Matthews Street, Bowie, TX 76230
      View Details
    • $525,000
      1,920 SF

      Move-in Ready Farm/Ranch in Bowie

      13-acre farm/ranch with updated home, metal building, and pasture.
      957 Frog Hollar, Bowie, TX 76230
      View Details
    • $785,000

      Bowie Ranch with Pond

      26.43-acre ranch featuring a brick home, pond, and generator.
      0000 Crooked Creek Road, Bowie, TX 76230
      View Details
    • $950,000

      Luxury Custom Office Space

      Custom office space in the heart of Bowie, Texas.
      112 W Wise Street, Bowie, TX 76230
      View Details
    • $1,099,000
      4,368 SF

      Versatile 40-Acre Multi-Use Property

      40-acre property with multiple dwellings, shop, and wells.
      1341 Hildreth Pool Road, Bowie, TX 76230
      View Details

    FAQs

    What type of property is this?
    Self storage facility - RV storage facility with 39 spaces on a 5-acre lot.
    Where is this self storage facility located?
    The property is located at 1140 Winn Rd Bowie, TX.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: Strategically located between Wichita Falls and the DFW Metroplex.; 39 total parking spaces (19 covered, 18 open, 2 full hook‑up).; Expansive 5‑acre lot with room for expansion.
    (940) 222-3747
    We can help!
    Listing Contact
    Carol Ann Head
    Real Estate License ID: 0713657
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!