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Self-Storage Facility with Apartments
For Sale
$1,750,000

1406 Churchill Drive, Granite Shoals, TX 78654

Mixed-use income property combines storage, apartments, warehouse, shop, and boat/RV parking.

Property Size32,950 SF
Lot Size2.74 Acres
Price / SF$53.11
Days on Market9

Property Features for 1406 Churchill Drive

General Information

Standard status Active
Size 32,950 SF
Lot size 2.74 Acres
Property subtype General Commercial

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Warehouse Space 3,000 SF
Self-Storage Units 118

Additional Details

Cap Rate 8.5%

Amenities

Window/Wall Unit
Gravel.
179.4 x 700
Paved Road.

Building Details

Year Built 1972
Listing Agency: Homezini Realty Group
Listed By: Thomas Schultz · License #0620528
Source: Xome
Added: Aug 24 Changed: Aug 30 Last Checked: Aug 31 at 2:26PM

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 Homezini Realty Group

Investment Insights

Based on property information with market context.

This self-storage facility spans 2.74 acres and provides approximately 32,950 square feet of net rentable space across 143 units. The property includes 118 storage units ranging from 5x5 to 20x20, 10 efficiency apartments measuring 500 square feet each, 13 boat/RV parking spaces, a 3,000-square-foot warehouse, and a 1,200-square-foot shop. Three apartments have been fully updated, and appliance replacements were completed throughout the apartment units.

Located at 1406 Churchill Drive in Granite Shoals, the property sits one block south of FM1431 and is visible from the roadway. Apartment electric service is individually metered and paid by tenants; water is supplied by a private well, and the apartments have septic systems. Third-party management uses online software and a website for administrative operations. Apartment occupancy has remained at 99% over the last 10 years, while the warehouse and shop have recorded 98% occupancy over the same period. Self-storage occupancy is currently 75%.

Key Highlights

  • 143 total units across storage, apartments, warehouse, shop, and boat/RV parking
  • Approximately 32,950 square feet of net rentable footage on 2.74 acres
  • 118 self‑storage units ranging from 5x5 to 20x20

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Plumbing Service Storage Facility Garden Center Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 78654, TX

19,698
Population
9,764
Households
2
Avg Household Size
45
Median Age
33%
College-Educated
89%
High-School Grad
201.3 sq mi
ZIP Area
98
Density / Sq Mi
$72,669
Median Household Income
$37,391
Median Earnings
$1,404
Median Rent
$315,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Mixed-use income property combines storage, apartments, warehouse, shop, and boat/RV parking.
Where is this self storage facility located?
The property is located at 1406 Churchill Drive Granite Shoals, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 143 total units across storage, apartments, warehouse, shop, and boat/RV parking; Approximately 32,950 square feet of net rentable footage on 2.74 acres; 118 self‑storage units ranging from 5x5 to 20x20
More about this property
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