Self-Storage Facility in Bells,
104 S Commercial Street Bells, TX 75414
For Sale
$199,000
Self-storage facility with value-add potential in growing market.
Property Size2,790 SF
Price / SF$71.33
Days on Market100
Property Features for 104 S Commercial Street
General Information
Standard status
Active
Size
2,790 SF
Property subtype
Commercial
Building Details
Year Built
2004
Listing Agency:
Bertholf Commercial Real Estate
(903) 267-1573
Listed By:
Noel Cobb · License #0742652
(903) 818-7946
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 16 at 10:34AM
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 Bertholf Commercial Real Estate
Investment Insights
Based on property information with market context.
This self-storage facility is located in Bells, Texas. The property includes 21 standard 10x10 units, two 5x10 units, and one larger unit. The larger unit features power, a floor drain, and plumbing connections. The property offers value-add potential through improvements such as expanded gravel parking, a gated entry, an online tenant portal, and the addition of new units. The site has a total property size of 2790 square feet.
Key Highlights
- Owner financing available with 10% down.
- Value‑add potential through expanded parking, gated entry, online tenant portal, and new unit additions.
- Located in a growing market.
Financial Insights For Industrial
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 | $22.8k | $8.16 |
| − Vacancy | −$2.0k | −$0.72 |
| EGI | $20.8k | $7.44 |
| − OpEx | −$6.2k | −$2.23 |
| NOI | $14.5k | $5.21 |
2,790 SF · lease $8.16/SF/yr · vacancy 8.80% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$361.6K
$316.4K – $421.9K
NOI $25,311 @ 7.0% cap · market cap 12.72%
Second Best
Industrial
$207.6K
$181.7K – $242.2K
NOI $14,534 @ 7.0% cap · market cap 7.30%
Theoretical Best
Hotel Hospitality
$1.43M
$1.25M – $1.67M
NOI $100,189 @ 7.0% cap · market cap 50.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage facility with value-add potential in growing market.
Where is this self storage facility located?
The property is located at 104 S Commercial Street Bells, TX.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Owner financing available with 10% down.; **Value‑add potential** through expanded parking, gated entry, online tenant portal, and new unit additions.; Located in a growing market.
