405 407 411 503 S Twin Creek Dr Killeen, TX 76543
85-unit mini-storage with an on-site office, recently renovated, and land remaining for additional unit development.
Property Features for 405 407 411 503 S Twin Creek Dr
General Information
- Standard status
- Active
- Size
- 7,625 SF
- Lot size
- 2.14 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing office Coldwell Banker Realty (254) 289-5905
Listing date Jun 4, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
The package includes six separate parcels combined into one offering: 405, 407, 411, and 503 S Twin Creek Dr, totaling approximately 2.141 acres. The mini storage is not currently open. The area is described as car-dependent, which typically aligns well with self-storage tenant travel needs.
For investors or operators seeking a self-storage platform, the site offers a mix of storage units and an on-site office configuration that may support either onsite management or a separate commercial rental office space, subject to the office updates needed. The property also includes additional land on specified parcels (19947 and 19948) that could support further storage development. All offering details should be verified with the seller and local requirements prior to planning operations or improvements.
Key Highlights
- 85‑unit mini‑storage facility with approximately 7,625 SF, plus an on‑site office home of 2,143 SF
- Recently completed renovation in 2024; electronic entry gate installed
- 6 parcels combined into one package totaling 2.141 acres (405, 407, 411, 503 Twin Creek Drive; Property IDs listed)
Local Financial Insights For Office B
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 | $164.7k | $21.60 |
| − Vacancy | −$30.3k | −$3.97 |
| EGI | $134.4k | $17.63 |
| − OpEx | −$33.6k | −$4.41 |
| NOI | $100.8k | $13.22 |
