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Climate-Controlled Self Storage Facility
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940 N Mill St, Lewisville, TX 75057

Mixed climate-controlled and non-climate-controlled storage with gated access, security systems, office space, and parking.

Property Size87,350 SF
Days on Market143

Property Features for 940 N Mill St

General Information

Standard status Active
Size 87,350 SF
Total Parking Spaces 14
Property subtype Self Storage
Occupancy 86%

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Self-Storage Units 547

Amenities

gated keypad access
exterior lighting
perimeter fencing
security cameras
on-site office
Listing Agency: VERSAL - Bellomy
Listed By: Bill Bellomy · License #TX 575641
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:35PM

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 VERSAL - Bellomy

Investment Insights

Based on property information with market context.

This self-storage facility in Lewisville includes 51 climate-controlled units and 496 non-climate-controlled units, totaling 87,350 NRSF. The property also contains 8 office/warehouse spaces, 14 open parking spaces, and an apartment measuring 588 NRSF that could be converted to storage. Average unit sizes are 71 NRSF for climate-controlled units and 141 NRSF for non-climate-controlled units.

Security and site improvements include concrete drives, gated keypad entry, exterior lighting, perimeter fencing, security cameras, and an on-site office. Unit occupancy is 86%, with economic occupancy of 79%.

The facility is 0.7 miles from I-35, 1 mile from Old Town/Downtown Lewisville, 1.8 miles from Highway 121, 2.4 miles from major retailers including Sam’s Club and Walmart, and 14.5 miles from DFW International Airport.

Key Highlights

  • 51 climate‑controlled units and 496 non‑climate‑controlled units
  • 87,350 NRSF across the storage facility and 8 office/warehouse spaces
  • Unit occupancy of 86% and economic occupancy of 79%

Property Analytics

Current Use

Valley Ridge Storage Storage Facility U-Haul Neighborhood Dealer Car Rental Facility Steelcreek Storage Packing ... Big Box & Wholesale Store Steelcreek Storage Lewisville Storage Facility

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Grocery & Convenience Store Daycare Center Nail Salon Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

86%
Occupancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby

Demographics for 75057, TX

16,001
Population
7,171
Households
2.2
Avg Household Size
31
Median Age
29%
College-Educated
83%
High-School Grad
13.3 sq mi
ZIP Area
1,203
Density / Sq Mi
$76,128
Median Household Income
$43,253
Median Earnings
$1,589
Median Rent
$208,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Mixed climate-controlled and non-climate-controlled storage with gated access, security systems, office space, and parking.
Where is this self storage facility located?
The property is located at 940 N Mill St Lewisville, TX.
What are key features of this property?
This property features: 51 climate‑controlled units and 496 non‑climate‑controlled units; 87,350 NRSF across the storage facility and 8 office/warehouse spaces; Unit occupancy of 86% and economic occupancy of 79%
More about this property
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