6850 Fm 148 Terrell, TX 75160
- Self storage facilities
- 10.49 lot acres
Current Use by Public Records
- Self storage facilities
Property Details for 6850 Fm 148
- Year built
- 2021
- Lot size
- 10.49 lot acres
- Property type
- Self storage facilities
Description
This exceptional 145,000-square-foot self-storage facility, built in 2021 and renovated in 2023, presents a compelling investment opportunity. Located at 6850 N. FM 148, Talty, TX 75160, this property boasts 338 units and sits on a spacious 10.49-acre lot. The facility is strategically positioned between Forney and Crandall within the Dallas MSA, benefiting from a rapidly growing population. The surrounding area features over 16,000 homesites within a 5-mile radius, ensuring consistent high demand. Further fueling growth projections are Forney's plans for over 25,000 new residential lots and Crandall's anticipated addition of 30,000 homes over the next decade. All units are enclosed, and the facility features spacious 65- to 100-foot drive aisles, accommodating even the largest RVs and boats. The property is surrounded by deed-restricted communities, contributing to its desirability and long-term stability. This is a rare opportunity to acquire a high-performing asset in a booming market. The property's size, location, and modern amenities make it an ideal investment for experienced operators seeking strong returns. The significant future residential development in the area guarantees continued high occupancy rates and substantial revenue potential.
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
- Terrell
- County
- Rockwall
- State
- Texas
- Longitude
- -96.3888
- Latitude
- 32.6801