Established Mini-Storage Property For
For Sale
$2,000,000
9910 Highway 199 W, Poolville, TX 76487
Mini-storage property with RV storage and expansion potential.
Property Size12,000 SF
Lot Size9.90 Acres
Price / SF$166.67
Days on Market100
Property Features for 9910 Highway 199 W
General Information
Standard status
Active
Size
12,000 SF
Lot size
9.90 Acres
Property subtype
Commercial
Building Details
Year Built
2012
Listing Agency:
Weichert REALTORS, Team Realty
(817) 598-0988
Listed By:
Beth Correll · License #0342935
(817) 929-3185
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 30 at 12:45PM
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 Weichert REALTORS, Team Realty
Investment Insights
Based on property information with market context.
This mini-storage property is situated on almost 10 acres. The fully fenced and gated facility offers a mix of 10 X 30 and 10 X 15 units, plus dedicated RV storage. The property is in a secure and well-maintained setting. Property highlights include a variety of unit sizes, an RV storage area, gated access with security lighting, electricity and water to each building, and stubbed electric and water for 6 more buildings for immediate expansion potential. There is ample acreage for further development or additional storage phases. The property is ideal for investors looking for steady income today with clear upside for future growth. With utilities already in place and plenty of open land, new buildings can be quickly added to increase revenue. The property size is 12000 square feet.
Key Highlights
- Immediate expansion potential with stubbed electric and water for 6 more buildings.
- Ample acreage for further development or additional storage phases.
- Mix of 10 X 30 and 10 X 15 storage units plus dedicated RV storage.
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 | $155.5k | $12.96 |
| − Vacancy | −$12.4k | −$1.04 |
| EGI | $143.1k | $11.92 |
| − OpEx | −$42.9k | −$3.58 |
| NOI | $100.2k | $8.35 |
12,000 SF · lease $12.96/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$11.92M
$10.43M – $13.91M
NOI $834,675 @ 7.0% cap · market cap 41.73%
Second Best
Self Storage
$1.43M
$1.25M – $1.67M
NOI $100,155 @ 7.0% cap · market cap 5.01%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 76487, TX
3,238
Population
1,437
Households
2.3
Avg Household Size
44
Median Age
13%
College-Educated
88%
High-School Grad
88.7 sq mi
ZIP Area
37
Density / Sq Mi
$73,810
Median Household Income
$30,940
Median Earnings
$220,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Mini-storage property with RV storage and expansion potential.
Where is this self storage facility located?
The property is located at 9910 Highway 199 W Poolville, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Immediate expansion potential with stubbed electric and water for 6 more buildings.; Ample acreage for further development or additional storage phases.; Mix of 10 X 30 and 10 X 15 storage units plus dedicated RV storage.
