New Self-Storage Facility For
For Sale
$1,400,000
621 Poetry Road, Royse City, TX 75228
Newly constructed, income-producing self-storage facility in a rapidly expanding area.
Property Size7,500 SF
Price / SF$186.67
Days on Market100
Property Features for 621 Poetry Road
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Commercial
Building Details
Year Built
2026
Listing Agency:
HomeSmart
(972) 401-1400
Listed By:
Manny Mendez · License #0763545
(214) 355-6816
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 29 at 9:18PM
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 HomeSmart
Investment Insights
Based on property information with market context.
This newly constructed self-storage facility, built in 2026, presents a turnkey, income-producing asset ready for immediate lease-up. The one-story property features 7,500 square feet with 69 storage units and an on-site office, comprising three storage unit buildings and one barn. Designed for operational efficiency and tenant convenience, the facility is constructed with a durable slab foundation, metal walls, and a metal roof, ensuring low maintenance and long-term performance. An exterior security camera system is installed and can convey with the sale. The property is strategically located just off Highway 276 near Southern Junction, offering excellent accessibility and visibility. It is approximately 17 minutes from H-E-B in Rockwall and 13 minutes from Interstate 30, positioning it to capture demand from surrounding residential and commercial growth.
Key Highlights
- Newly constructed in 2026, turnkey self‑storage facility ready for immediate lease‑up and income generation.
- Strategically located off Highway 276 near Southern Junction, offering excellent accessibility and visibility.
- Features 69 storage units plus an on‑site office (3 storage unit buildings, 1 barn), designed for operational efficiency.
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 | $108.0k | $14.40 |
| − Vacancy | −$8.6k | −$1.15 |
| EGI | $99.4k | $13.25 |
| − OpEx | −$29.8k | −$3.97 |
| NOI | $69.6k | $9.27 |
7,500 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$993.6K
$869.4K – $1.16M
NOI $69,552 @ 7.0% cap · market cap 4.97%
Second Best
Industrial
$651.6K
$570.2K – $760.2K
NOI $45,612 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$8.21M
$7.18M – $9.58M
NOI $574,644 @ 7.0% cap · market cap 41.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 75228, TX
68,219
Population
27,329
Households
2.5
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
11.4 sq mi
ZIP Area
5,984
Density / Sq Mi
$59,617
Median Household Income
$36,862
Median Earnings
$1,196
Median Rent
$259,500
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 - Newly constructed, income-producing self-storage facility in a rapidly expanding area.
Where is this self storage facility located?
The property is located at 621 Poetry Road Royse City, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Newly constructed in 2026, turnkey self‑storage facility ready for immediate lease‑up and income generation.; Strategically located off Highway 276 near Southern Junction, offering excellent accessibility and visibility.; Features 69 storage units plus an on‑site office (3 storage unit buildings, 1 barn), designed for operational efficiency.
