Property summary
This exceptional 1-acre self-storage facility in Spring, Texas, presents a lucrative investment opportunity. Located at 5615 Spring Cypress Rd. A, 77379, this property boasts 185 feet of prime road frontage, ensuring high visibility and accessibility. The facility comprises 46 units offering covered storage for boats, campers, and trailers, catering to a diverse clientele. Currently operating with monthly rental rates significantly below market value, this presents a substantial opportunity to increase profitability. The property's size and location in Harris County, Texas, make it an ideal investment for an experienced operator seeking to expand their portfolio or a first-time buyer looking for a turnkey business. The existing infrastructure is well-maintained and ready for immediate operation, minimizing upfront capital expenditures. The high demand for storage solutions in this area, coupled with the current below-market rental rates, positions this property for significant revenue growth. The asking price is $399,000. This is a rare chance to acquire a well-established, profitable storage business with considerable upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
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Storage Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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