53-Unit Self-Storage
New
For Sale
$995,000
208 Moore Lane, Lavon, TX 75166
Commercial-zoned facility in Lavon, positioned along the Hwy 78 corridor.
Property Size8,000 SF
Price / SF$124.38
Days on Market5
Property Features for 208 Moore Lane
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Self-Storage Units
53
Building Details
Building Size
8,000 SF
Year Built
2001
Stories
1
Units
53
Listing Agency:
CENTURY 21 Patterson Agency
(903) 455-9414
Listed By:
Jeremy Dicken · License #0505962
(903) 455-7490
Source:
Bourquinrealty
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:17PM
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 CENTURY 21 Patterson Agency
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Investment Insights
Based on property information with market context.
This self-storage property in Lavon contains 53 units and was built in 2001. The site is zoned Commercial and is identified as being along the Hwy 78 corridor. The property address is 208 Moore Lane, Lavon, Texas 75166.
Key Highlights
- 53‑unit self‑storage facility
- Built in 2001
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,770
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,335,400
$1.3M
Cap Rate 7%
$953,857
$953.9K
Cap Rate 9%
$741,889
$741.9K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$103.7K $12.96/SF
− Vacancy
−$8.3K −$1.04/SF
EGI
$95.4K $11.92/SF
− OpEx
−$28.6K −$3.58/SF
NOI
$66.8K $8.35/SF
Area
Collin County, TX
Vacancy
8.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,335,400
Cap Rate 7%
$953,857
Cap Rate 9%
$741,889
Alternative Uses
Best Use
Self Storage
$953.9K
$834.6K – $1.11M
NOI $66,770 @ 7.0% cap · market cap 6.71%
Second Best
Warehouse
$794.7K
$695.4K – $927.2K
NOI $55,631 @ 7.0% cap · market cap 5.59%
Theoretical Best
Industrial
$7.95M
$6.96M – $9.27M
NOI $556,450 @ 7.0% cap · market cap 55.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 75166, TX
5,457
Population
2,186
Households
2.5
Avg Household Size
35
Median Age
36%
College-Educated
96%
High-School Grad
12.9 sq mi
ZIP Area
423
Density / Sq Mi
$129,130
Median Household Income
$60,916
Median Earnings
$1,780
Median Rent
$385,000
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
Frequently Asked Questions
What type of property is this?
Self storage facility - Commercial-zoned facility in Lavon, positioned along the Hwy 78 corridor.
Where is this self storage facility located?
The property is located at 208 Moore Lane Lavon, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 53‑unit self‑storage facility; Built in 2001; Commercial zoning
