Self-Storage Facility with Climate
New
For Sale
$6,000,000
8163 Fostoria Rd, Cleveland, TX 77328
The property combines climate-controlled and drive-up units with covered parking and residential improvements.
Property Size126,165 SF
Lot Size12.00 Acres
Price / SF$47.56
Days on Market2
Property Features for 8163 Fostoria Rd
General Information
Standard status
Active
Size
126,165 SF
Lot size
12.00 Acres
Property subtype
Self-Storage Facility
Occupancy
87%
Amenities
The Seller is a husband-and-wife couple that is retiring after self-managing the facility since they developed it.
The facility is 87 percent physically occupied with a path to an 8.25 percent year one cap rate through EGI growth and enhanced tenant insurance performance.
The surrounding household average income is around $85,000 with two new single family residential communities under construction about two miles away.
Building Details
Building Size
126,165 SF
Year Built
2010
Buildings
17
Units
390
Listed By:
Dave Knobler · License #License(s): TX: 606252
(713) 452-4293
Source:
Marcusmillichap
Added: Oct 16
Last Checked: Oct 16 at 2:28PM
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 Dave Knobler
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Investment Insights
Based on property information with market context.
This self-storage property offers 126,165 net rentable square feet across 16 single-story buildings, along with a two-story residence. Its approximately 12-acre site includes 89 climate-controlled units, 300 drive-up non-climate units, one covered parking space, a mobile home, and a single-family residence.
Construction began in 2010, with additional phases completed in 2014 and 2023. The mix of storage formats and residential improvements is distributed across the property’s building and site components.
Construction began in 2010, with additional phases completed in 2014 and 2023. The mix of storage formats and residential improvements is distributed across the property’s building and site components.
Key Highlights
- 126,165 net rentable square feet of self‑storage
- Approximately 12 acres
- 16 single‑story buildings and one two‑story residence
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
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Business Placement
Demographics for 77328, TX
17,071
Population
6,943
Households
2.5
Avg Household Size
37
Median Age
10%
College-Educated
76%
High-School Grad
180.7 sq mi
ZIP Area
94
Density / Sq Mi
$57,725
Median Household Income
$36,912
Median Earnings
$1,127
Median Rent
$169,200
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 - The property combines climate-controlled and drive-up units with covered parking and residential improvements.
Where is this self storage facility located?
The property is located at 8163 Fostoria Rd Cleveland, TX.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 126,165 net rentable square feet of self‑storage; Approximately 12 acres; 16 single‑story buildings and one two‑story residence
