13801 N Fm 730 Azle, TX 76020
For Lease
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This exceptional investment opportunity presents a brand-new, 13,500 square-foot storage facility situated on seven acres in Azle, Texas. Conveniently located off a busy, expanding highway, this property boasts 90 units, 44 of which are currently rented via an online system providing key code access after payment. The facility features double gated security for enhanced safety and peace of mind. Significant upside potential exists with ample space for expansion, allowing for the addition of more storage units. A dedicated gated area is also available for larger recreational vehicles or equipment storage. Further enhancing the income stream, the rear portion of the property is currently under lease. The property's location outside city limits offers advantages in terms of regulations and potential future development. Low maintenance costs and the streamlined online management system contribute to a highly efficient and profitable operation. This turnkey investment is poised for continued growth and strong returns, making it an ideal acquisition for discerning investors seeking a low-maintenance, high-yield asset. The property's current occupancy rate and existing lease agreement provide immediate cash flow, while the expansion potential ensures long-term value appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.