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    Climate-Controlled RV Storage Bay Title is generated by Realmo AI

    853 Main Street, Lake Dallas, TX 75065

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    Claim this Listing
    New
    For Sale
    $107,900

    COMMERCIAL - Lake Dallas, TX

    Lot size:
    2.50 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 4:06 am

    Property Features for 853 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Garage, Driveway
    Standard status
    Active
    APN
    R770745
    Lot size
    2.50 Acres

    Taxes and HOA fees

    Tax Description
    LUXURY GARAGES OF TEXAS CONDOMINIUMS UNT A2 P
    Tax Annual Amount
    1369

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Wall Unit(s), Electric
    Water source
    Public

    Building Details

    Year built
    2003
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    MetalSiding, Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Christopher Cole

    Listing agent Christopher Cole License #0727579

    Listing office Compass RE Texas, LLC Dallas, TX

    Listing date Jun 2, 2026

    MLS# 21288309

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully enclosed, climate‑controlled storage unit built in 2003 with a secure garage door
    • 50‑amp RV hookups plus 110‑amp electrical service, multiple 120V outlets, and built‑in plumbing
    • Epoxy flooring and dedicated outdoor sewage dump with a water faucet for service and prep
    • Lennox split HVAC system for year‑round temperature control; electric heating and wall A/C units
    • Fire water‑suppression system included, with public water and public sewer service
    • 24‑7 access and facility‑wide security; includes an on‑site high‑pressure power washer with soap and a private clubhouse

    Overview

    Located in the D Block, this is the last remaining unit within the facility and offers a fully enclosed, climate controlled environment. A brand new AC unit was recently installed, supported by a Lennox split HVAC system for consistent year-round temperature control. The unit is purpose built for RV storage, luxury vehicles, or premium private storage, with a secure garage door and an interior layout designed for flexible use, including a maintenance bay, workshop, or additional storage.

    The space includes 50-amp RV hookups, 110-amp electrical service, built-in plumbing, epoxy flooring, and multiple 120V outlets. Practical on-site features include a dedicated outdoor sewage dump, a water faucet, and a fire water-suppression system. Owners also benefit from 24-7 access and comprehensive facility-wide security, plus an on-site high-pressure power washer with soap for convenient washing and detailing.

    Beyond private storage, the configuration supports hands-on care and preparation on your own schedule, including vehicle servicing and prepping before departures. The unit also presents a compelling income-producing investment opportunity, while a private clubhouse provides a comfortable place to unwind, entertain guests, or connect with other owners.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Real Estate Agency Law Firm Building Supply Auto Repair Shop Hair Salon Auto Parts Store Department Store Kitchen & Bath Showroom Accounting Firm HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Dallas
    County
    Denton
    State
    Texas
    Longitude
    -97.013824
    Latitude
    33.109716

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    FAQs

    What type of property is this?
    Self storage facility - Fully enclosed, climate controlled storage with RV hookups and power services, ideal for premium vehicles or private storage.
    Where is this self storage facility located?
    The property is located at 853 Main Street Lake Dallas, TX.
    What is the asking price?
    The asking price for this property is $107,900.
    What are key features of this property?
    This property features: Fully enclosed, climate‑controlled storage unit built in 2003 with a secure garage door; 50‑amp RV hookups plus 110‑amp electrical service, multiple 120V outlets, and built‑in plumbing; Epoxy flooring and dedicated outdoor sewage dump with a water faucet for service and prep
    (214) 814-8100
    We can help!
    Listing Contact
    Christopher Cole
    Real Estate License ID: 0727579
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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