Self Storage Facility with Expansion
For Sale
Contact for pricing
1932 FM523, Freeport, TX 77541
295-unit self-storage facility with gated entry features concrete and gravel driveways with roll-up door units and expansion pad.
Property Size56,600 SF
Lot Size8.17 Acres
Days on Market121
Property Features for 1932 FM523
General Information
Standard status
Active
Size
56,600 SF
Lot size
8.17 Acres
Property subtype
Self Storage
Occupancy
75%
Additional Details
Traffic Count
10,000 vehicles/day
Multifamily Units
295
Amenities
gated entry with a digital keypad
on-site management office
security lighting
concrete and gravel driveways
units with roll up doors
Building Details
Year Built
1999
Stories
1
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Houston
Listed By:
Dave Knobler · License #606252
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 10:57AM
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 Marcus & Millichap - Houston
Investment Insights
Based on property information with market context.
Blue Water Self Storage is a 295-unit, 56,600 net rentable square foot self-storage facility constructed in 1999. The property includes seven single-story buildings and sits on approximately 8.17 acres. On-site improvements and amenities include a gated entry with a digital keypad, an on-site management office, security lighting, concrete and gravel driveways, and storage units served by roll-up doors.
The facility fronts FM 523 about 6/10 of a mile north of TX State Highway 332. FM 523 serves as a connector to Angleton, and approximately 10,000 vehicles pass by the property daily. The corner of FM 523 and State Highway 332 is described as the last signalized intersection before crossing the Intercoastal Waterway Bridge into Surfside Beach.
As of November 30, 2022, the facility was approximately 75% physically occupied. The property is offered with an additional approximately four acres of expansion area, including a concrete pad that is roughly one acre. The remarks also note that the current operations are relatively antiquated, with limited advertising and marketing, no website, and tenant insurance not being collected.
The facility fronts FM 523 about 6/10 of a mile north of TX State Highway 332. FM 523 serves as a connector to Angleton, and approximately 10,000 vehicles pass by the property daily. The corner of FM 523 and State Highway 332 is described as the last signalized intersection before crossing the Intercoastal Waterway Bridge into Surfside Beach.
As of November 30, 2022, the facility was approximately 75% physically occupied. The property is offered with an additional approximately four acres of expansion area, including a concrete pad that is roughly one acre. The remarks also note that the current operations are relatively antiquated, with limited advertising and marketing, no website, and tenant insurance not being collected.
Key Highlights
- 295‑unit self‑storage facility with 56,600 net rentable SF in Freeport, Texas
- On ~8.17 acres with seven single‑story buildings, constructed in 1999
- Gated entry with digital keypad, on‑site management office, and security lighting
Property Analytics
Current Use
Lease Details
295
Residential units
10,000 VPD
Traffic count
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 77541, TX
16,441
Population
9,292
Households
1.8
Avg Household Size
38
Median Age
10%
College-Educated
82%
High-School Grad
141.7 sq mi
ZIP Area
116
Density / Sq Mi
$59,513
Median Household Income
$36,661
Median Earnings
$1,102
Median Rent
$162,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Self storage facility - 295-unit self-storage facility with gated entry features concrete and gravel driveways with roll-up door units and expansion pad.
Where is this self storage facility located?
The property is located at 1932 FM523 Freeport, TX.
What are key features of this property?
This property features: 295‑unit self‑storage facility with 56,600 net rentable SF in Freeport, Texas; On ~8.17 acres with seven single‑story buildings, constructed in 1999; Gated entry with digital keypad, on‑site management office, and security lighting
