69-Unit Self-Storage
For Sale
$1,250,000
621 Poetry Rd, Royse City, TX 75228
Newly constructed, one-story property with an on-site office and multiple storage buildings.
Property Size7,500 SF
Price / SF$166.67
Days on Market65
Property Features for 621 Poetry Rd
General Information
Standard status
Active
Size
7,500 SF
Additional Details
Highway Access
Yes
Self-Storage Units
69
Amenities
security camera system
Building Details
Year Built
2026
Buildings
4
Stories
1
Construction
metal
Listing Agency:
HomeSmart
Listed By:
Manny Mendez · License #0763545
(972) 401-1400
Source:
Minteerteam
Added: Aug 4
Changed: Sep 8
Last Checked: Oct 5 at 8:51PM
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 HomeSmart
Investment Insights
Based on property information with market context.
Completed in 2026, this one-story self-storage property contains 7,500 square feet across 69 storage units, an on-site office, three storage-unit buildings, and one barn. The improvements use a slab foundation with metal wall and roofing systems. An exterior security camera system is also included and may convey with the property.
The facility is located at 621 Poetry Rd in Royse City, Texas, just off Highway 276 near Southern Junction. H-E-B in Rockwall is approximately 17 minutes away, while Interstate 30 is approximately 13 minutes from the property.
The facility is located at 621 Poetry Rd in Royse City, Texas, just off Highway 276 near Southern Junction. H-E-B in Rockwall is approximately 17 minutes away, while Interstate 30 is approximately 13 minutes from the property.
Key Highlights
- 7,500 SF self‑storage facility completed in 2026
- 69 storage units plus an on‑site office
- Three storage‑unit buildings and 1 barn
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,552
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,391,040
$1.4M
Cap Rate 7%
$993,600
$993.6K
Cap Rate 9%
$772,800
$772.8K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$108.0K $14.40/SF
− Vacancy
−$8.6K −$1.15/SF
EGI
$99.4K $13.25/SF
− OpEx
−$29.8K −$3.97/SF
NOI
$69.6K $9.27/SF
Area
ZIP 75228
Vacancy
8.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,391,040
Cap Rate 7%
$993,600
Cap Rate 9%
$772,800
Alternative Uses
Best Use
Self Storage
$993.6K
$869.4K – $1.16M
NOI $69,552 @ 7.0% cap · market cap 5.56%
Second Best
Warehouse
$791.2K
$692.3K – $923.1K
NOI $55,386 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$8.21M
$7.18M – $9.58M
NOI $574,644 @ 7.0% cap · market cap 45.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 75228, TX
68,219
Population
27,329
Households
2.5
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
11.4 sq mi
ZIP Area
5,984
Density / Sq Mi
$59,617
Median Household Income
$36,862
Median Earnings
$1,196
Median Rent
$259,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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 - Newly constructed, one-story property with an on-site office and multiple storage buildings.
Where is this self storage facility located?
The property is located at 621 Poetry Rd Royse City, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 7,500 SF self‑storage facility completed in 2026; 69 storage units plus an on‑site office; Three storage‑unit buildings and 1 barn
