Self Storage Facility with Cinder-Block
For Sale
$289,900
401 7th Street, Portland, TX 78374
59-unit storage facility with 53 cinder-block units and 6 trailer units, supported by on-site electricity for security lighting.
Property Size7,700 SF
Price / SF$37.65
Days on Market16
Property Features for 401 7th Street
General Information
Standard status
Active
Size
7,700 SF
Property subtype
Industrial
Occupancy
90%
Additional Details
Cap Rate
10.8%
Amenities
3
Corner Lot.
Concrete Driveway.
Level
150 x 142.5
Extra Storage, Sidewalks. Corner, City Road, Asphalt, Paved Road, Level.
Building Details
Year Built
1966
Listing Agency:
(512) 736-2695
Listed By:
Cass Real Estate
(512) 736-2695
Source:
Xome
Added: Jul 18
Changed: Jul 26
Last Checked: Aug 1 at 2:46AM
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 Cass Real Estate
Investment Insights
Based on property information with market context.
This self storage facility includes a total of 59 units, comprised of 53 cinder-block units and 6 trailer units. Unit offerings include 10x10', 10x20', and 10x30' options. The property is set up for straightforward storage operations, with electricity on-site for security lighting and no water and no climate-controlled units or HVAC systems to maintain. The facility also notes no gas and no open storage.
The property is described as a block from Portland’s NEW 5th & ELM venue in Olde Town.
According to the provided information, the facility is operating at approximately 90% occupancy, with a referenced 10.8% cap rate based on 2025 annual numbers, and most tenants have been in place for years.
The property is described as a block from Portland’s NEW 5th & ELM venue in Olde Town.
According to the provided information, the facility is operating at approximately 90% occupancy, with a referenced 10.8% cap rate based on 2025 annual numbers, and most tenants have been in place for years.
Key Highlights
- 59‑unit storage facility with 53 cinder‑block units and 6 trailer units
- 90% occupancy and a 10.8% cap rate based on 2025 annual numbers
- Unit sizes offered include 10x10', 10x20', and 10x30' options
Property Analytics
Current Use
Lease Details
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Explore this area
Business Placement
Demographics for 78374, TX
20,281
Population
8,426
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
18.6 sq mi
ZIP Area
1,090
Density / Sq Mi
$81,580
Median Household Income
$43,110
Median Earnings
$1,492
Median Rent
$225,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - 59-unit storage facility with 53 cinder-block units and 6 trailer units, supported by on-site electricity for security lighting.
Where is this self storage facility located?
The property is located at 401 7th Street Portland, TX.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 59‑unit storage facility with 53 cinder‑block units and 6 trailer units; 90% occupancy and a 10.8% cap rate based on 2025 annual numbers; Unit sizes offered include 10x10', 10x20', and 10x30' options
