53-Unit Self-Storage
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
Property subtype
Zoning description
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
CENTURY 21 Patterson Agency · Century 21 Real Estate
(903) 455-9414
Listed By:
Jeremy Dicken · License TX #0505962
(903) 455-7490
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 12 at 8:06PM
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.
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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.
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
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
Multifamily LT 5
$2.01M
$1.76M – $2.34M
NOI $140,668 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
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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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Market
Vacancy Rate% for Industrial in South region
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
