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    1609 Lakeland Dr Liberty, TX 77575

    For Sale
    $495,000

    Profitable Storage Facility with Expansion Plans

    Property size:
    7,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional investment opportunity presents a 7,300 square foot self-storage facility situated on two acres in Liberty, Texas. The property boasts 32 existing units housed within four buildings, including a recently constructed 2,400 square foot warehouse and a 900 square foot free-standing office building. Approved plans are in place for a significant expansion, adding three new storage buildings totaling 6,800 square feet. An additional 2,800 square foot building could replace the existing outdoor parking area, further increasing revenue potential. The facility is conveniently located just one mile from Highway 90 and 0.8 miles from TX-146, ensuring high visibility and accessibility. Security features include a fully fenced perimeter with an automated gate and secure pin pad access. Currently managed remotely, this property offers a value-add opportunity for expansion or is ideal for an owner-operator seeking income-producing storage units alongside existing warehouse and office space. The asking price is $495,000, with a price per square foot of $67.81 and a price per unit of $15,468.75. The property's APN is R94550. This turnkey operation presents a compelling investment prospect with substantial growth potential.

    Property Features for 1609 Lakeland Dr

    General Information

    Property type
    Self storage facilities
    Square Feet
    7,300 SF
    Lot Size
    87,120 SF

    Building Details

    Buildings
    4
    Units
    32

    HighLights

    • Excellent location: 1 mile from Hwy 90 and 0.8 miles from TX‑146.
    • 7,300 SF self‑storage facility includes a 2,400 SF warehouse and a 900 SF office building.
    • Approved plans for a 6,800 SF storage expansion.
    • Secure facility with fenced perimeter, automated gate, and controlled access.
    • Currently remotely managed; ideal for owner‑operator or value‑add investor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Liberty
    County
    Liberty
    State
    Texas
    Longitude
    -94.783439177373
    Latitude
    30.067602385649

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    FAQs

    What type of property is this?
    Self storage facility - Profitable Storage Facility with Expansion Plans
    Where is this self storage facility located?
    The property is located at 1609 Lakeland Dr Liberty, TX.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Excellent location: 1 mile from Hwy 90 and 0.8 miles from TX-146.; 7,300 SF self-storage facility includes a 2,400 SF warehouse and a 900 SF office building.; Approved plans for a 6,800 SF storage expansion.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1609 Lakeland Dr Liberty, TX 77575
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