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    5485 Airport Hwy 21 Hwy Maxwell, TX 78656

    For Sale
    $2,250,000

    4.01-acre storage facility with 152 covered spaces, 85% occupied.

    Lot size:
    4.01 Acres

    Property Features for 5485 Airport Hwy 21 Hwy

    General Information

    Lot size
    4.01 Acres

    Source: Classen Realty Group Agent Mitchell Classen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Storage Facility For Sale

    This income-producing storage facility is approximately 85% occupied and situated on 4.01 acres. It features 152 covered Boat & RV storage spaces within three metal-framed buildings. The property benefits from 440 feet of highway frontage along a high-growth corridor. Located between San Marcos and Bastrop, just north of San Marcos Airport, the site has unrestricted zoning and a secured gated entry. A 12 x 16 moveable office is included. There is potential to increase rents and renovate into a fully enclosed storage facility, which could lead to higher rental rates and increased cash flow. This presents an opportunity for expansion, redevelopment, or continued operation in a rapidly growing market with several new residential developments underway within a 2 mile radius. Adjacent expansion land is available.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Maxwell
    County
    Caldwell
    State
    Texas
    Longitude
    -97.8257
    Latitude
    29.8896

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    FAQs

    What type of property is this?
    Self storage facility - 4.01-acre storage facility with 152 covered spaces, 85% occupied.
    Where is this self storage facility located?
    The property is located at 5485 Airport Hwy 21 Hwy Maxwell, TX.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Income-producing storage facility with ~85% occupancy; - 152 covered Boat & RV storage spaces on 4.01 acres; - **Prime highway frontage (440 feet)** in a high-growth corridor
    (512) 855-6114
    Request Owner's contact information
    5485 Airport Hwy 21 Hwy Maxwell, TX 78656
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    Realmo Value Estimation

    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

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    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.

    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
    5485 Airport Hwy 21 Hwy Maxwell, TX 78656
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