12746 Fm 3271, Tyler, TX 75704-3828
- Auto shops
- 6,362 SF
- 1.00 lot acres
Current Use by Public Records
- Firehouse 903 Storage / Storage Facility
- Glassmasters / Auto Repair Shop / (Bike/Boat/Book/etc) Store
Property Details for 12746 Fm 3271
- Year built
- 1980
- Construction
- STEEL FRAME
- Lot size
- 1.00 lot acres
- Property type
- Auto shops
- APN
- 1-00000-1015-00-007004
- APU
- 100000101500007004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 26, 2016 | — | Four Goodwin Properties LLC | Woldert,jack W III & Becky L | Warranty Deed | $109k · Texas Bk |
Description
This stabilized self-storage facility in Tyler, Texas presents a compelling investment opportunity. Located at 12746 FM 3271, Smith County, zip code 75704, this property boasts 47 units totaling 4,600 net rentable square feet on a 1.058-acre lot. The facility, built in 1998 and consisting of three single-story buildings, currently enjoys an 82% occupancy rate, generating a Net Operating Income (NOI) of $30,618, representing a 7.00% cap rate. The asking price is $440,000, or $9,361.70 per unit, and $95.65 per square foot. The unit mix includes twelve 5x10 units, thirty 10x10 units, and five 10x20 units, catering to a variety of storage needs. The property is fully fenced, ensuring tenant security. The property is zoned commercial (APN: R047426) and offers significant potential for future expansion given the ample lot size and current high demand. This turnkey operation provides immediate cash flow with substantial upside for growth through increased rents, additional units, or value-added services. The property's strong performance history and location in a growing market make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture. This is a rare opportunity to acquire a well-maintained, high-performing self-storage facility with significant potential for future appreciation.
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Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.3796
- Latitude
- 32.4185
- CBSA code
- 46340
- CBSA name
- TYLER, TX METROPOLITAN STATISTICAL AREA
