Self-Storage Facility with RV
New
For Sale
$2,100,000
1293 S Highway 377, Pilot Point, TX 76258
CommercialSale, Pilot Point, TX
Property Size26,749 SF
Lot Size1.62 Acres
Price / SF$78.51
Days on Market3
Property Features for 1293 S Highway 377
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C-2
Parking features
Driveway
Security features
Security
Subdivision
C Smith
Lot features
Acreage, Level
Directions
GPS
Standard status
Active
APN
R186046
Lot size
1.62 Acres
Taxes and HOA fees
Tax Description
A1139A C. SMITH, TR 569A, 1.622 ACRES
Tax Annual Amount
12490
Legal Description
A1139A C. SMITH, TR 569A, 1.622 ACRES
Building Details
Year built
2002
Floors in Building
1
Number of units
66
Flooring type
Concrete
Building materials
Concrete, SteelSiding
Roof type
Metal
Listing Agency:
Keller Williams Realty
(940) 484-9411
Listed By:
Benjamin Clark · License #0611947
(940) 206-9745
Added: Oct 5
Last Checked: Oct 7 at 12:06PM
MLS# 21402329
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 66-space self-storage facility contains approximately 26,748.5 square feet of rentable enclosed area, along with two open parking spaces. The mix includes five 10-by-20 units, forty-six 12-by-30 storage and boat spaces with varying heights, and nine 15-by-43 indoor RV spaces. Additional specialty spaces range from compact storage to a 30-by-48 unit. The property has concrete construction and flooring, steel siding, and a metal roof; it was built in 2002 and occupies 1.622 acres.
Located at 1293 S Highway 377 in Pilot Point, the facility is accessed from US Highway 377. Its existing storage operation includes spaces for household storage, boats, and recreational vehicles.
Located at 1293 S Highway 377 in Pilot Point, the facility is accessed from US Highway 377. Its existing storage operation includes spaces for household storage, boats, and recreational vehicles.
Key Highlights
- 66 spaces and approximately 26,748.5 square feet of rentable enclosed area
- Unit mix includes five 10‑by‑20 units and forty‑six 12‑by‑30 storage and boat spaces
- Nine 15‑by‑43 indoor RV spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,713
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,334,260
$3.3M
Cap Rate 7%
$2,381,614
$2.4M
Cap Rate 9%
$1,852,367
$1.9M
Market Conditions
NOI Build-Up for 26,749 SF
Gross rent
$215.1K $8.04/SF
− Vacancy
−$18.9K −$0.71/SF
EGI
$196.1K $7.33/SF
− OpEx
−$29.4K −$1.10/SF
NOI
$166.7K $6.23/SF
Area
Denton County, TX
Vacancy
8.80%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,334,260
Cap Rate 7%
$2,381,614
Cap Rate 9%
$1,852,367
Alternative Uses
Best Use
Self Storage
$3.60M
$3.15M – $4.20M
NOI $252,099 @ 7.0% cap · market cap 12.00%
Second Best
Warehouse
$2.38M
$2.08M – $2.78M
NOI $166,713 @ 7.0% cap · market cap 7.94%
Theoretical Best
Multifamily LT 5
$374.06M
$327.30M – $436.41M
NOI $26,184,367 @ 7.0% cap · market cap 1,246.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
Explore this area
Business Placement
Demographics for 76258, TX
7,409
Population
3,079
Households
2.4
Avg Household Size
41
Median Age
30%
College-Educated
82%
High-School Grad
90.3 sq mi
ZIP Area
82
Density / Sq Mi
$93,661
Median Household Income
$51,382
Median Earnings
$1,224
Median Rent
$320,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Self storage facility - The operating property combines enclosed storage with indoor RV accommodation and exterior boat-storage spaces.
Where is this self storage facility located?
The property is located at 1293 S Highway 377 Pilot Point, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 66 spaces and approximately 26,748.5 square feet of rentable enclosed area; Unit mix includes five 10‑by‑20 units and forty‑six 12‑by‑30 storage and boat spaces; Nine 15‑by‑43 indoor RV spaces
