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Mixed-Use Property with Self-Storage
For Sale
$1,749,000

1406 Churchill Drive, Granite Shoals, TX 78654

Industrial-zoned asset combines storage units, efficiency apartments, boat and RV parking, a warehouse, and a shop.

Property Size32,950 SF
Lot Size2.74 Acres
Price / SF$53.08
Days on Market70

Property Features for 1406 Churchill Drive

General Information

Standard status Active
Size 32,950 SF
Net Rentable 32,950 SF
Lot size 2.74 Acres
Property subtype Commercial
Zoning Industrial

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Warehouse Space 3,000 SF
Self-Storage Units 118

Units

Unit Mix 10 x efficiency apartments (500 sqft)
Multifamily Units 10
Individually Metered Utilities electricity

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Cap Rate 8%
Property Use Self Storage

Building Details

Year Built 1972
Stories 1
Units 143
Listing Agency: Homezini Realty Group
Listed By: Thomas Schultz · License #0620528
Source: Mytexashomebroker
Added: Aug 25 Changed: Oct 31 Last Checked: Oct 31 at 3:25AM

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

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property on 2.74 acres brings together self-storage, residential, parking, warehouse, and shop space. The site contains 118 storage units ranging from 5x5 to 20x20, 10 efficiency apartments of 500 square feet each, 13 boat/RV parking spaces, a 3,000-square-foot warehouse, and a 1,200-square-foot shop. Net rentable area totals approximately 32,950 square feet. Three apartments have been updated, and appliances in all apartments were recently replaced. Zoning is Industrial.

The property is one block south of FM 1431 and visible from the highway. A private well and septic systems serve the apartments, which are individually metered for electricity. A third-party manager handles operations using online administrative software and a website.

Key Highlights

  • Approximately 32,950 square feet of net rentable area on 2.74 acres
  • 118 self‑storage units, ranging from 5x5 to 20x20
  • 10 efficiency apartments, each 500 square feet; three have been updated

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Self storage facilities

Suggested Use

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

10
Residential units
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Industrial-zoned asset combines storage units, efficiency apartments, boat and RV parking, a warehouse, and a shop.
Where is this mixed-use property located?
The property is located at 1406 Churchill Drive Granite Shoals, TX.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: Approximately 32,950 square feet of net rentable area on 2.74 acres; 118 self‑storage units, ranging from 5x5 to 20x20; 10 efficiency apartments, each 500 square feet; three have been updated
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