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    Ground-Floor Mini Storage Facility Title is generated by Realmo AI

    405 407 411 503 S Twin Creek Dr, Killeen, TX 76543

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    For Sale
    $1,200,000

    85-unit mini-storage with an on-site office, recently renovated, and land remaining for additional unit development.

    Type:Commercial
    Property size:
    7,625 SF
    Lot size:
    2.14 Acres
    Price / SF:
    $157/SF
    Added:
    Jun 4, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 6 at 5:11 am

    Property Features for 405 407 411 503 S Twin Creek Dr

    General Information

    Standard status
    Active
    Size
    7,625 SF
    Lot size
    2.14 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1986

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    Listing Contact
    Vernon MacHardy

    Listing agent Vernon MacHardy License #0433118

    Listing office Coldwell Banker Realty

    Listing date Jun 4, 2026

    Source Elliman

    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 Coldwell Banker Realty

    HighLights

    • 85‑unit mini‑storage facility with approximately 7,625 SF, plus an on‑site office home of 2,143 SF
    • Recently completed renovation in 2024; electronic entry gate installed
    • 6 parcels combined into one package totaling 2.141 acres (405, 407, 411, 503 Twin Creek Drive; Property IDs listed)
    • Owner invested $125,000 to bring the mini storage to a marketable/rentable condition
    • Enough land remaining on Property IDs 19947–19948 to build an additional 100–120 storage units
    • House originally constructed in 1964 and needs updating to be fully functional as a commercial office space

    Overview

    This property is an 85-unit mini-storage facility with approximately 7,625 square feet of storage space and an on-site office home of approximately 2,143 square feet. The office was originally constructed in 1964 and requires updating to function as a fully operational commercial office. Renovation work to bring the mini-storage into a marketable, rentable condition was recently completed in 2024, and a modern electronic entry gate has been installed.

    The package includes six separate parcels combined into one offering: 405, 407, 411, and 503 S Twin Creek Dr, totaling approximately 2.141 acres. The mini storage is not currently open. The area is described as car-dependent, which typically aligns well with self-storage tenant travel needs.

    For investors or operators seeking a self-storage platform, the site offers a mix of storage units and an on-site office configuration that may support either onsite management or a separate commercial rental office space, subject to the office updates needed. The property also includes additional land on specified parcels (19947 and 19948) that could support further storage development. All offering details should be verified with the seller and local requirements prior to planning operations or improvements.

    Local Financial Insights For Office B

    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 $164.7k $21.60
    − Vacancy −$30.3k −$3.97
    EGI $134.4k $17.63
    − OpEx −$33.6k −$4.41
    NOI $100.8k $13.22
    7,625 SF · lease $21.60/SF/yr · vacancy 18.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.44M
    $1.26M – $1.68M (±1% cap)
    NOI $100,796 @ 7.0% cap · market cap 8.40%
    Second Best
    Self Storage
    $841.8K
    $736.6K – $982.1K (±1% cap)
    NOI $58,926 @ 7.0% cap · market cap 4.91%
    Theoretical Best
    Office A
    $1.83M
    $1.60M – $2.14M (±1% cap)
    NOI $128,202 @ 7.0% cap · market cap 10.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Nail Salon Building Supply Gym & Fitness Center Accounting Firm Skin Care Clinic Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.693194
    Latitude
    31.1000758

    FAQs

    What type of property is this?
    Self storage facility - 85-unit mini-storage with an on-site office, recently renovated, and land remaining for additional unit development.
    Where is this self storage facility located?
    The property is located at 405 407 411 503 S Twin Creek Dr Killeen, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 85‑unit mini‑storage facility with approximately 7,625 SF, plus an on‑site office home of 2,143 SF; Recently completed renovation in 2024; electronic entry gate installed; 6 parcels combined into one package totaling 2.141 acres (405, 407, 411, 503 Twin Creek Drive; Property IDs listed)
    More about this property
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