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Fully Leased Self Storage Facility
For Sale
$899,000

1940 S Magnolia Avenue, Luling, TX 78648

Fenced storage units are paired with an on-site two-bedroom apartment and convenient interstate access.

Property Size10,600 SF
Lot Size5.00 Acres
Price / SF$84.81
Days on Market40

Property Features for 1940 S Magnolia Avenue

General Information

Standard status Active
Size 10,600 SF
Lot size 5.00 Acres
Property subtype CommercialSale
Occupancy 100%

Additional Details

Business Included Yes
Highway Access Yes
Self-Storage Units 55
Listing Agency: Riata Real Estate
Listed By: Ginger Robbins · License #0590234
Source: Cornerstone-properties
Added: Jul 22 Changed: Aug 28 Last Checked: Aug 29 at 9:21AM

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 Riata Real Estate

Investment Insights

Based on property information with market context.

This self-storage property occupies 5 acres and includes 55 fenced units in three configurations: one 10' x 8' unit, 39 units measuring 10' x 16', and 15 units measuring 10' x 20'. All storage units are currently rented. The property also includes a 50' x 30' apartment with two bedrooms and one bathroom, providing an additional on-site residential component.

Located at 1940 S Magnolia Avenue in Luling, the facility is just outside town and near IH-10, with access from a major interstate. The 5-acre site includes additional land identified for future expansion.

Key Highlights

  • 55 fenced storage units, all currently rented
  • Unit mix includes 1 unit at 10' x 8', 39 units at 10' x 16', and 15 units at 10' x 20'
  • 5‑acre storage property with additional land available

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Storage Facility Grocery & Convenience Store Pet Grooming Service

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

100%
Occupancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 78648, TX

8,167
Population
3,563
Households
2.3
Avg Household Size
39
Median Age
11%
College-Educated
75%
High-School Grad
132.9 sq mi
ZIP Area
61
Density / Sq Mi
$56,533
Median Household Income
$30,836
Median Earnings
$1,063
Median Rent
$217,400
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 - Fenced storage units are paired with an on-site two-bedroom apartment and convenient interstate access.
Where is this self storage facility located?
The property is located at 1940 S Magnolia Avenue Luling, TX.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 55 fenced storage units, all currently rented; Unit mix includes 1 unit at 10' x 8', 39 units at 10' x 16', and 15 units at 10' x 20'; 5‑acre storage property with additional land available
More about this property
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