Industrial Self Storage
For Sale
Contact for pricing
715 S SHANKS ST, Clute, TX 77531
Industrial self storage facility offered for sale with 2,400 SF of space.
Property Size2,400 SF
Price / SF$137.50
Days on Market124
Property Features for 715 S SHANKS ST
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail, Office, Industrial
Building Details
Year Built
1989
Units
1
Tenancy
Single
Listing Agency:
Birdsong Real Estate
Listed By:
Lucy Ware · License #0459855
(979) 292-9308
Source:
Crexi
Added: Jun 22
Changed: Oct 3
Last Checked: Oct 20 at 9:09PM
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 Birdsong Real Estate
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Investment Insights
Based on property information with market context.
This industrial self storage facility is offered for sale and includes 2,400 SF of commercial space. The property is positioned as a combined industrial and self storage use, providing a straightforward configuration for storage operations.
The offering is located at 715 S Shanks St in Clute, Texas. The listed property size is 2,400 SF, and the transaction is for sale.
If you are evaluating storage or light industrial options, this asset provides a dedicated facility format within a compact footprint.
The offering is located at 715 S Shanks St in Clute, Texas. The listed property size is 2,400 SF, and the transaction is for sale.
If you are evaluating storage or light industrial options, this asset provides a dedicated facility format within a compact footprint.
Key Highlights
- Industrial self storage facility
- 2,400 SF of space
- Built in 1989
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,311
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,220
$306.2K
Cap Rate 7%
$218,729
$218.7K
Cap Rate 9%
$170,122
$170.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$23.9K $9.96/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$21.9K $9.11/SF
− OpEx
−$6.6K −$2.73/SF
NOI
$15.3K $6.38/SF
Area
Brazoria County, TX
Vacancy
8.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,220
Cap Rate 7%
$218,729
Cap Rate 9%
$170,122
Alternative Uses
Best Use
Self Storage
$218.7K
$191.4K – $255.2K
NOI $15,311 @ 7.0% cap · market cap 4.64%
Second Best
Warehouse
$214.4K
$187.6K – $250.1K
NOI $15,007 @ 7.0% cap · market cap 4.55%
Theoretical Best
Multifamily LT 5
$29.90M
$26.16M – $34.88M
NOI $2,092,869 @ 7.0% cap · market cap 634.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
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Business Placement
Demographics for 77531, TX
15,666
Population
7,502
Households
2.1
Avg Household Size
33
Median Age
17%
College-Educated
83%
High-School Grad
11.7 sq mi
ZIP Area
1,339
Density / Sq Mi
$71,583
Median Household Income
$40,817
Median Earnings
$1,217
Median Rent
$236,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - Industrial self storage facility offered for sale with 2,400 SF of space.
Where is this self storage facility located?
The property is located at 715 S SHANKS ST Clute, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Industrial self storage facility; 2,400 SF of space; Built in 1989
