1507 Bolton St Jacksonville, TX 75766
- Land
- 4,525 SF
- 5.41 lot acres
Current Use by Public Records
- Land
Property Details for 1507 Bolton St
- Year built
- 1993
- Lot size
- 5.41 lot acres
- Property size
- 4,525 SF
- Property type
- Land
- Property subtype
- Self storage facilities
Description
This exceptional Jacksonville, TX commercial property presents a compelling investment opportunity, encompassing 5.41 acres and offering immediate income and future development potential. The property features a fully leased 3,600 square foot metal storage building containing fifteen units (ten 12'x24' and five 6'x24') situated on 2.21 acres of commercially zoned land. This section boasts significant street frontage on S Bolton St, ensuring high visibility and convenient tenant access. Additionally, a 1,400 square foot, two-bedroom, one-bathroom rental home, situated on a separate one-acre residential lot, provides consistent rental income until August 1, 2025. The remaining 2.2 acres of undeveloped commercial land offer significant potential for future expansion or development, also benefiting from substantial highway frontage on S Bolton St. The entire 5.41-acre property is offered at $495,000, with the possibility of separate sales for the income-producing components and the development land. The property's current net operating income (NOI) is $24,300. Built in 1993, this Class C property is currently 100% occupied and zoned G-Commercial. This is an ideal investment for those seeking immediate returns coupled with long-term growth opportunities.
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
- Jacksonville
- County
- Cherokee
- State
- Texas
- Longitude
- -95.272
- Latitude
- 31.9463
