Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    205 State Hwy Avinger, TX 75630
    Back to Search
    Property profile & analytics

    205 State Hwy Avinger, TX 75630

    View on Map
    • Self storage facilities
    • 3,600 SF
    • 2.18 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Self storage facilities

    Property Details for 205 State Hwy

    Lot size
    2.18 lot acres
    Property size
    3,600 SF
    Property type
    Self storage facilities

    Description

    Exceptional investment opportunity: Avinger Mini Storage, a well-maintained self-storage facility in Avinger, Texas, is available for $450,000. This property boasts 64 units across two buildings (constructed in 2000 and 2002) totaling 3,600 square feet on a 2.18-acre lot. Currently operating at 60% occupancy, the facility offers significant upside potential. Unit sizes include 24 units measuring 5x10 and 40 units measuring 10x15, providing a diverse range of storage options. Security features include security fencing and automatic coded entry gates. The property's ample space allows for easy access for trucks and trailers. A significant advantage is the presence of an empty lot on the property, presenting a prime opportunity for expansion, potentially adding more storage units or accommodating RV/boat storage, given its proximity to local lakes. The business benefits from an online presence, including a user-friendly website and streamlined online payment system. This turnkey operation presents a compelling investment opportunity with substantial growth potential. The asking price is $450,000, translating to $125 per square foot and $7,031.25 per unit. This is a rare chance to acquire a profitable and expandable self-storage facility in a growing market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Avinger
    County
    Cass
    State
    Texas
    Longitude
    -94.5497
    Latitude
    32.8988

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      16580 Hwy 155

      COMMERCIAL (GENERAL) • 4,000 SF
      16580 Hwy 155, Avinger, TX 75630
      View Details
    • Value Estimation by Request
      500 SF

      Depot St

      COMMERCIAL (GENERAL) • 500 SF
      Depot St, Avinger, TX 75630
      View Details
    • Value Estimation
      $3,630,000
      55,070 SF

      245 Conner

      COMMERCIAL (GENERAL) • 55,070 SF
      245 Conner, Avinger, TX 75630-3029
      View Details
    • Value Estimation by Request
      1,964 SF

      Fm 729th St

      COMMERCIAL (GENERAL) • 1,964 SF
      Fm 729th St, Avinger, TX 75630
      View Details
    • Value Estimation by Request
      1,296 SF

      195 Liberty Rd, Unit 1601

      COMMERCIAL (GENERAL) • 1,296 SF
      195 Liberty Rd, Avinger, TX 75630-9707
      View Details
    • Value Estimation by Request
      2,256 SF

      7 Main St

      COMMERCIAL (GENERAL) • 2,256 SF
      7 Main St, Avinger, TX 75630
      View Details

    Similar Nearby for Sale

    • $375,000
      2.18 Acres

      Established Self-Storage Facility in Avinger

      Avinger, TX self-storage facility with expansion potential.
      205 Hwy 155, Avinger, TX 75630
      View Details
    • $375,000
      2.18 Acres

      Established Self-Storage Facility in Avinger

      Self-storage facility in Avinger, TX with expansion potential.
      205 Hwy 155 Hwy, Avinger, TX 75630
      View Details
    • $375,000
      2.18 Acres

      Established Self-Storage Facility in Avinger

      Self-storage facility on 2+ acres with expansion potential.
      205 Hwy 155, Avinger, TX 75630
      View Details
    • $199,900
      32.42 Acres

      Secluded Hunting and Recreational Land

      32± acres in Cass County, perfect for hunting and recreation.
      Tbd County Rd 1582, Avinger, TX 75630
      View Details
    • New
      $48,500
      8.04 Acres

      Avinger, TX Wooded Land

      8.04 acres of mixed timber in Cass County.
      County Road 1548, Avinger, TX 75630
      View Details
    • $179,500
      1.26 Acres

      Waterfront Lots on Lake O’ Pines

      1.2-acre waterfront and waterview lots on Lake O’ the Pines.
      Tbd Lck Mtn Rd, Avinger, TX 75630
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    205 State Hwy
    Avinger, TX 75630
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    205 State Hwy, Avinger, TX, 75630
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!