Industrial Self Storage
715 S SHANKS ST Clute, TX 77531
715 S SHANKS ST, Clute, TX, 77531
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For Sale
Contact for pricing
Industrial self storage facility offered for sale with 2,400 SF of space.
Property Size2,400 SF
Price / SF$156.25
Days on Market32
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
Listing agency
Birdsong Real Estate
(979) 292-9308
Listed by
Lucy Ware · License #0459855
Source
Crexi
Added: Jun 22 Updated: Jul 22 at 8:40PM Checked: Jul 22 at 8:40PM
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
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
Local 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 | $23.9k | $9.96 |
| − Vacancy | −$2.0k | −$0.85 |
| EGI | $21.9k | $9.11 |
| − OpEx | −$6.6k | −$2.73 |
| NOI | $15.3k | $6.38 |
2,400 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$218.7K
$191.4K – $255.2K
NOI $15,311 @ 7.0% cap · market cap 4.08%
Second Best
Warehouse
$214.4K
$187.6K – $250.1K
NOI $15,007 @ 7.0% cap · market cap 4.00%
Theoretical Best
Multifamily LT 5
$29.90M
$26.16M – $34.88M
NOI $2,092,869 @ 7.0% cap · market cap 558.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
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 $375,000.
What are key features of this property?
This property features: Industrial self storage facility; 2,400 SF of space; Built in 1989
