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Property profile & analytics
OFF-MARKET
Self storage facilities

15074 Us Hwy Van Alstyne, TX 75495

92,220 SF 8.72 ac lot Built 1996
Property ID
Property summary
AI-generated overview

This exceptional 92,220-square-foot self-storage facility in Van Alstyne, Texas, presents a compelling investment opportunity. Boasting 411 units across eleven single-story buildings on 8.72 acres, this property offers a diverse mix of climate-controlled and drive-up units, along with covered and uncovered parking spaces, and an on-site manager's residence. Originally built in 1996 and extensively renovated in 2023, the facility benefits from excellent visibility and accessibility along US Highway 75, a major thoroughfare with over 45,000 vehicles daily. Located just 30 minutes north of Dallas, within the Sherman-Denison MSA, this property is ideally positioned to capitalize on the region's robust growth fueled by significant residential and commercial development, including a major new Texas Instruments chip manufacturing plant and the upcoming Highpoint Villages development adding 2,200 homes. The property's current occupancy is 86% physically and 76% economically, offering immediate cash flow and significant upside potential. Priced at $4,500,000, or $48.80 per rentable square foot, this represents a below-replacement-cost acquisition in a high-demand market with an average household income exceeding $100,000 within a 5-mile radius. The property's amenities include a personalized key-pad gated entrance, wide driveways, and garage-style roll-up doors. The current ownership structure presents opportunities for operational improvements and enhanced revenue generation. This is a rare chance to acquire a well-located, high-performing asset in one of Texas's fastest-growing markets.

Property profile
Verified
Property type Self storage facilities
Year built 1996
Total area 92,220 SF
Lot 8.72 ac (379,843 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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