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Property profile & analytics
OFF-MARKET
Warehouses

10941-10945 State Highway 78 Lavon, TX 75166

10,700 SF 6.98 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Total area 10,700 SF
Lot 6.98 ac (304,049 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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