Current Use by Public Records
- Commercial real estate
Property Details for 205 St Hwy
- Year built
- 2000
- Lot size
- 2.18 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a well-maintained self-storage facility in Avinger, Texas, currently boasting 60% occupancy. Situated on a spacious 2.18-acre lot, the property offers significant expansion potential. The facility comprises two buildings, constructed in 2000 and 2002, providing a total of 64 climate-controlled storage units. The unit mix includes 24 units sized 5x10 feet and 40 units sized 10x15 feet, catering to a diverse range of storage needs. Security features include a perimeter fence and automated coded entry gates, ensuring the safety and security of tenant belongings. The property's design allows for easy access and maneuverability for trucks and trailers. A significant advantage is the presence of an undeveloped portion of the land, providing ample space for future expansion, potentially including additional storage units or even RV/boat storage, given the proximity to local lakes. The business benefits from a user-friendly online presence, complete with a functional website and streamlined online payment system. This turnkey operation presents a compelling investment opportunity with substantial upside potential for growth and increased profitability. The property is priced at $450,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Avinger
- County
- Cass
- State
- Texas
- Longitude
- -94.617
- Latitude
- 32.8786
