Current Use by Public Records
- Self storage facilities
Property Details for 1175 Tx-21
- Year built
- 2000
- Lot size
- 1.00 lot acres
- Property type
- Self storage facilities
Description
This exceptional self-storage opportunity presents a 9,160 square foot facility situated on approximately one acre of land in Cedar Creek, Texas. Built in 2000, the property boasts four single-story buildings, each offering drive-up access to 78 non-climate-controlled units ranging in size from 5x12 to 10x20, featuring 8-foot ceilings and interior lighting. Currently operating at 76% occupancy (as of October 25, 2024), the facility includes a small air-conditioned office and additional rentable outdoor space for boats and RVs. Located on approximately 285 feet of highway frontage on TX-21, this property benefits from its proximity to numerous new subdivisions within a three-mile radius and its location in the Austin MSA, approximately 25 miles southeast of Austin. The property's legal description is A45 LITTON, ADDISON. According to the seller, there's potential for expansion by adding approximately 3,200 square feet of rentable space. Financing options include third-party financing and cash at closing. This is a prime investment opportunity in a rapidly growing area.
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
- Cedar Creek
- County
- Bastrop
- State
- Texas
- Longitude
- -97.4987
- Latitude
- 30.0864
