10941-10945 State Highway 78 Lavon, TX 75166
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 10941-10945 State Highway 78
- Lot size
- 6.98 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 222-unit non-climate-controlled self-storage complex situated on a 6.98-acre lot in Lavon, Texas. The property boasts 11 warehouse buildings totaling 35,100 square feet, offering a mix of drive-up and fully enclosed units. An additional 10,700 square feet is dedicated to office/retail space. On-site management living and office quarters are included. The complex features secure keycode access and is currently operating at 90% occupancy. Approximately 4 acres of additional land provide significant development potential, including opportunities for open boat and RV parking. The property benefits from its location in an undersupplied trade area experiencing substantial growth, with over 10,000 residential lots under development and a 70% population increase in the past three years. Further highlighting the area's economic strength is a 30% sales tax growth within the past 12 months. The property's proximity to the $2 billion mixed-use Elevon development adds to its long-term investment appeal. The property is zoned for unincorporated use in Collin County, Texas, and is located at 10941-10945 S State Hwy 78, Lavon, TX 75166.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lavon
- County
- Collin
- State
- Texas
- Longitude
- -96.445
- Latitude
- 33.0084
