Greenville Self-Storage Investment
3995 Highway 34 Greenville, TX 75402
For Sale
$674,500
Well-located self-storage facility with highway frontage in Greenville, Texas.
Property Size5,000 SF
Lot Size1.40 Acres
Price / SF$134.90
Days on Market70
Property Features for 3995 Highway 34
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 1.40 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2024
Listing Agency:
CENTURY 21 Patterson Agency
(903) 453-5051
Listed By:
Thomas Banks · License #0555016
(903) 453-5051
Source:
Signaturere
Added: May 18
Changed: Jul 10
Last Checked: May 18 at 11:33PM
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
Investment Insights
Based on property information with market context.
This self-storage facility in Greenville, Texas, presents a commercial investment opportunity. The property is situated on approximately 1.4 acres and features frontage along HWY 34. The facility comprises 98 storage units distributed across multiple buildings. Each building provides approximately 5,000 square feet. The unit mix includes 10 units measuring 10x20, 72 units measuring 10x10, and 16 units measuring 5x10. The site is accessible directly from HWY 34 and has a potential secondary entrance from a nearby county road. The property benefits from high traffic and easy access for tenants in the Greenville market.
Key Highlights
- Prime commercial investment opportunity in Greenville, Texas.
- Excellent visibility and frontage along HWY 34.
- 98 total storage units with a versatile unit mix (10x20, 10x10, 5x10).
Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $12.96 |
| − Vacancy | −$5.2k | −$1.04 |
| EGI | $59.6k | $11.92 |
| − OpEx | −$17.9k | −$3.58 |
| NOI | $41.7k | $8.35 |
5,000 SF · lease $12.96/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$4.97M
$4.35M – $5.80M
NOI $347,781 @ 7.0% cap · market cap 51.56%
Second Best
Self Storage
$596.2K
$521.6K – $695.5K
NOI $41,731 @ 7.0% cap · market cap 6.19%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
FAQs
What type of property is this?
Self storage facility - Well-located self-storage facility with highway frontage in Greenville, Texas.
Where is this self storage facility located?
The property is located at 3995 Highway 34 Greenville, TX.
What is the asking price?
The asking price for this property is $674,500.
What are key features of this property?
This property features: Prime commercial investment opportunity in Greenville, Texas.; Excellent visibility and frontage along HWY 34.; 98 total storage units with a versatile unit mix (10x20, 10x10, 5x10).
