91 Globe Ave, Texarkana, AR 71854
Exceptional investment opportunity: This 174-unit self-storage facility, totaling 32,340 square feet, is strategically located in Texarkana, Arkansas, on Highway 67 near the Texarkana Airport. Built in 2001, the property comprises four buildings and offers a mix of 78 climate-controlled and 92 non-climate-controlled units. The facility benefits from high visibility due to its location on Highway 67, providing excellent accessibility and exposure to potential customers. Its proximity to Interstates 49 and 30 further enhances its strategic position. The property operates under a ground lease with an expiration date of August 26, 2053, providing a substantial remaining lease term of 29 years. The asking price is $1,100,000, translating to $34.01 per square foot of the 30,150 square feet of net rentable space. This well-established facility presents a compelling investment opportunity with significant potential for future growth and strong returns. The property's substantial unit count, desirable location, and long-term ground lease make it an attractive asset for discerning investors seeking a stable and profitable investment in the self-storage sector. The property's 30,150 square feet of net rentable space is currently fully occupied.
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
No recorded transactions found for this property.
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.