Gated Self-Storage
New
For Sale
$4,200,000
2330 W Green Oaks Blvd, Arlington, TX 76016
Established self-storage property with controlled entry, onsite management, surveillance, and concrete driveways.
Property Size32,350 SF
Lot Size2.33 Acres
Price / SF$129.83
Days on Market4
Property Features for 2330 W Green Oaks Blvd
General Information
Standard status
Active
Size
32,350 SF
Lot size
2.33 Acres
Property subtype
Self-Storage Facility
Occupancy
90%
Additional Details
Cap Rate
5.94%
Fenced Yard
Yes
Self-Storage Units
225
Amenities
gated entry with digital keypad
separate onsite management office
24/7 video surveillance
concrete driveways
units with roll-up doors
PROVEN LONG TERM STABLE OPERATING HISTORY // Dense neighborhoods have fueled consistent storage demand resulting in over 90 percent physical occupancy.
ATTRACTIVE TRADE AREA DEMOGRAPHICS // 78,647 residents within three miles with $106,019 average household income.
KEY FEATURES & AMENITIES // Gated access with digital keypad entry, onsite management office, 24/7 video surveillance throughout the property, concrete drive aisles, roll-up doors.
Building Details
Building Size
32,350 SF
Year Built
2005
Buildings
8
Stories
1
Units
225
Listing Agency:
Marcus & Millichap - Fort Worth
(713) 452-4293
Listed By:
Dave Knobler · License #License(s): TX: 606252
(713) 452-4293
Source:
Marcusmillichap
Added: Aug 13
Changed: Aug 15
Last Checked: Aug 15 at 3:32AM
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 - Fort Worth
Investment Insights
Based on property information with market context.
This self-storage facility in Arlington comprises 225 units across eight single-story buildings. Constructed in 2005, the property provides 32,350 net rentable square feet on around 2.33 acres. Units feature roll-up doors, while concrete driveways support circulation throughout the site.
Access is controlled through a gated entrance with a digital keypad. A dedicated management office is positioned onsite near the entry gate, and video surveillance operates throughout the facility 24/7. The property is located at 2330 W Green Oaks Blvd in Arlington, Texas.
Access is controlled through a gated entrance with a digital keypad. A dedicated management office is positioned onsite near the entry gate, and video surveillance operates throughout the facility 24/7. The property is located at 2330 W Green Oaks Blvd in Arlington, Texas.
Key Highlights
- 225‑unit self‑storage facility with 32,350 net rentable square feet
- Around 2.33 acres with eight single‑story buildings
- Constructed in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$319,295
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,385,900
$6.4M
Cap Rate 7%
$4,561,357
$4.6M
Cap Rate 9%
$3,547,722
$3.5M
Market Conditions
NOI Build-Up for 32,350 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$485.3K $15.00/SF
− Vacancy
−$29.1K −$0.90/SF
EGI
$456.1K $14.10/SF
− OpEx
−$136.8K −$4.23/SF
NOI
$319.3K $9.87/SF
Area
Arlington, TX
Vacancy
6.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,385,900
Cap Rate 7%
$4,561,357
Cap Rate 9%
$3,547,722
Alternative Uses
Best Use
Self Storage
$4.56M
$3.99M – $5.32M
NOI $319,295 @ 7.0% cap · market cap 7.60%
Second Best
Warehouse
$3.64M
$3.18M – $4.25M
NOI $254,704 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$9.54M
$8.35M – $11.13M
NOI $667,704 @ 7.0% cap · market cap 15.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,262
Businesses Nearby
Explore this area
Business Placement
Demographics for 76016, TX
31,091
Population
11,609
Households
2.7
Avg Household Size
44
Median Age
44%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,533
Density / Sq Mi
$108,701
Median Household Income
$55,446
Median Earnings
$1,854
Median Rent
$311,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Established self-storage property with controlled entry, onsite management, surveillance, and concrete driveways.
Where is this self storage facility located?
The property is located at 2330 W Green Oaks Blvd Arlington, TX.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 225‑unit self‑storage facility with 32,350 net rentable square feet; Around 2.33 acres with eight single‑story buildings; Constructed in 2005
