110 3rd St 120 La Porte, TX 77571-3410

This exceptional value-add opportunity presents a 9,000 square foot self-storage facility situated on a 0.43-acre lot in La Porte, Texas (77571), within Harris County. The property, featuring two single-story buildings constructed in 1973 and extensively renovated in 2023, boasts 48 units of varying sizes. Building improvements include new roofs (WPI-8 certified), updated roll-up doors and locks, and fresh paint. The facility currently sits vacant, offering a blank canvas for an investor to tailor the space to their specific needs. Unit sizes range from 10'x5' to 10'x30', with an additional approximately 1,280 square foot unfinished office space offering potential for conversion into additional storage or even on-site living quarters. Utilities (electric and water) are available at the meter. The property benefits from a prime location near new residential construction, suggesting strong future demand. The asking price is $550,000, representing a price per square foot of $61.11 and a pro-forma cap rate of 13.96%, with a projected net operating income (NOI) of $76,801. The 13-foot ceiling height provides ample storage capacity. This property presents a compelling investment opportunity with significant upside potential. The APN is 0231910000001.