New Self-Storage Facility in
For Sale
$274,800
558 North Ave, Donna, TX 78537
New self-storage facility with leased units and parking.
Property Size3,278 SF
Price / SF$83.83
Days on Market491
Property Features for 558 North Ave
General Information
Standard status
Active
Size
3,278 SF
Taxes and HOA fees
Annual Taxes
$5,975
Listing Agency:
Keller Williams Realty RGV
(956) 599-8400
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Source:
Exprealty
Added: Apr 25, 2025
Changed: Aug 20
Last Checked: Aug 26 at 11:16AM
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 Keller Williams Realty RGV
Investment Insights
Based on property information with market context.
This is a new prefabricated metal self-storage facility located in Donna. The property includes 32 enclosed units in two sizes: six 10x20 units and twenty-six 10x10 units. In addition to the storage units, the property offers 4 parking spaces available for rent. The property is fully fenced. Multiple units are currently leased, presenting an investment opportunity. The property size is 3,278 square feet.
Key Highlights
- Brand new Mueller prefabricated metal self‑storage facility.
- 32 enclosed units in two sizes: 10x20 and 10x10.
- Fully fenced property.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,249
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$344,980
$345.0K
Cap Rate 7%
$246,414
$246.4K
Cap Rate 9%
$191,656
$191.7K
Market Conditions
NOI Build-Up for 3,278 SF
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.
Gross rent
$26.4K $8.04/SF
− Vacancy
−$1.7K −$0.52/SF
EGI
$24.6K $7.52/SF
− OpEx
−$7.4K −$2.26/SF
NOI
$17.2K $5.26/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$344,980
Cap Rate 7%
$246,414
Cap Rate 9%
$191,656
Alternative Uses
Best Use
Self Storage
$452.4K
$395.8K – $527.8K
NOI $31,665 @ 7.0% cap · market cap 11.52%
Second Best
Industrial
$246.4K
$215.6K – $287.5K
NOI $17,249 @ 7.0% cap · market cap 6.28%
Theoretical Best
Hotel Hospitality
$2.47M
$2.16M – $2.88M
NOI $172,833 @ 7.0% cap · market cap 62.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - New self-storage facility with leased units and parking.
Where is this self storage facility located?
The property is located at 558 North Ave Donna, TX.
What is the asking price?
The asking price for this property is $274,800.
What are key features of this property?
This property features: Brand new Mueller prefabricated metal self‑storage facility.; 32 enclosed units in two sizes: 10x20 and 10x10.; Fully fenced property.
