18803 Fm-1431 Leander, TX 78645
- Commercial real estate
- 6,912 SF
- 0.64 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 18803 Fm-1431
- Year built
- 1975
- Lot size
- 0.64 lot acres
- Property size
- 6,912 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 24-unit storage facility ideally situated at 18803 Fm-1431, Leander, TX. The property encompasses 6,912 square feet on a 0.64-acre lot, offering significant potential for growth and expansion. Currently boasting a solid occupancy rate and generating a consistent income stream, this turnkey operation is ready for immediate revenue generation. The facility's strategic location ensures high visibility and accessibility, capitalizing on the robust demand for storage solutions in this thriving area. The current rental rates offer immediate upside potential for increased profitability. Adding to its appeal, the property includes 22 outdoor parking spaces, currently with only 7 in use, providing further revenue opportunities. The existing infrastructure also presents a unique opportunity for value-add investment through the construction of an additional storage facility on the ample land available. This property is priced at $634,900 and represents a compelling investment for those seeking immediate returns and long-term growth in the commercial real estate market. The combination of strong current performance and significant expansion potential makes this a truly exceptional opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leander
- County
- Travis
- State
- Texas
- Longitude
- -97.9303
- Latitude
- 30.485
