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53-Unit Self-Storage Facility

208 Moore Lane, Lavon, TX 75166

For Sale
New
$995,000

CommercialSale, Lavon, TX

Property Size8,000 SF
Lot Size1.00 Acre
Price / SF$124.38
Days on Market3

Property Features for 208 Moore Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision Robinson
Directions 208 Moore St is directly North of Evelon subdivision at the corner of Hwy 78 and Moore St.
Standard status Active
APN R674000212391
Size 8,000 SF
Lot size 1.00 Acre

Additional Details

Property Use Self Storage

Taxes and HOA fees

Tax Description ABS A0740 S M RAINER SURVEY, SHEET 2, TRACT 1
Tax Annual Amount 4331
Legal Description ABS A0740 S M RAINER SURVEY, SHEET 2, TRACT 1

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2001
Floors in Building 1
Number of units 53
Flooring type Concrete
Building materials MetalSiding
Roof type Metal
Listing Agency: CENTURY 21 Patterson Agency · Century 21 Real Estate
Listed By: Jeremy Dicken · License TX #0505962
Added: Nov 10 Changed: Nov 11 Last Checked: Nov 12 at 7:06PM
MLS# 21433361

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This self-storage property contains 53 units in an 8,000-square-foot metal-sided building with a metal roof and concrete flooring. Constructed in 2001, the facility occupies a one-acre parcel and is served by public water and public sewer.

The property is located on Moore Lane in Lavon, Texas, along Highway 78. Its storage use and existing unit configuration define the facility’s current setup.

Key Highlights

  • 53 storage units
  • 8,000‑square‑foot building on 1 acre
  • Metal siding, metal roof, and concrete flooring

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 (±1% cap)
NOI $66,770 @ 7.0% cap · market cap 6.71%
Second Best
Warehouse
$794.7K
$695.4K – $927.2K (±1% cap)
NOI $55,631 @ 7.0% cap · market cap 5.59%
Theoretical Best
Multifamily LT 5
$2.01M
$1.76M – $2.34M (±1% cap)
NOI $140,668 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Auto Repair Shop Auto Parts Store Law Firm

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

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Self storage facility - The property combines an established storage operation with a one-acre site and public water and sewer service.
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 storage units; 8,000‑square‑foot building on 1 acre; Metal siding, metal roof, and concrete flooring
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