West Texas Self-Storage
For Sale
Contact for pricing
Pending
5919 50th Street, Lubbock, TX 79424
Two-property self-storage portfolio in Odessa and Lubbock, Texas.
Property Size101,256 SF
Days on Market97
Property Features for 5919 50th Street
General Information
Standard status
Pending
Size
101,256 SF
Property subtype
Self Storage
Building Details
Year Built
1983
Units
6
Listing Agency:
Lindsey Self Storage
Listed By:
Matthew Rosendale · License #SC 130383
Source:
Crexi
Added: May 19
Changed: Aug 8
Last Checked: Aug 23 at 2:40AM
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 Lindsey Self Storage
Investment Insights
Based on property information with market context.
This offering features a two-property self-storage portfolio situated in the West Texas markets of Odessa and Lubbock. The portfolio includes assumable in-place financing. Presto Self Storage, located in Odessa, comprises approximately 47,916 net rentable square feet. Brad’s Self Storage, located in Lubbock at 5919 50th Street, spans approximately 53,340 net rentable square feet across 315 units. The Lubbock facility has recently implemented dedicated boots-on-the-ground management, which is expected to improve day-to-day operations, leasing activity, customer service, and overall performance. Both properties benefit from established locations within stable West Texas markets supported by consistent demand drivers, population stability, and regional economic activity. The portfolio presents an investment opportunity with immediate scale and long-term growth potential.
Key Highlights
- Assumable in‑place financing offers favorable loan terms and reduced acquisition costs.
- Portfolio includes two self‑storage properties in the strong West Texas markets of Odessa and Lubbock.
- Over 100,000 net rentable square feet combined.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Explore this area
Business Placement
Demographics for 79424, TX
53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
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 - Two-property self-storage portfolio in Odessa and Lubbock, Texas.
Where is this self storage facility located?
The property is located at 5919 50th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Assumable in‑place financing offers favorable loan terms and reduced acquisition costs.; Portfolio includes two self‑storage properties in the strong West Texas markets of Odessa and Lubbock.; Over 100,000 net rentable square feet combined.
