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In-PersonVirtual Tour
$ 1,500,000
Est. payment | /mo
10,830 SqFt
$ 1,500,000
Est. payment | /mo
10,830 SqFt
Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 10,830 sqft
Price per Sqft $138
Subdivision Tx
MLS Listing ID 25005343
Lot Size 3.443 Acres
Acres 3.443
Lot Dimensions 390' x 620'
Property Sub-Type Building
Property Description
Cash flow investment opportunity! Now is your chance to acquire a recently built self-storage facility in Tyler, TX. This facility was just opened in January and is already at 20% capacity and growing. The property features 69 10x10 units, 44 of which can be flexed to make 22 10x20 units. There are 29 10x15 units, 26 of which can be flexed to make 13 10x30 units. The facility consists of 4 buildings all completed in 2024 with a conditioned office space on 3.443 total acres. Phase 1 was completed in 2024, and phase 2 has already been designed to expand to almost 300 total units. Key features include: Security: The property is equipped with security fencing and automatic coded entry gates with client specific pin codes for enhanced safety. Accessibility: There is ample space for easy maneuvering of trucks and trailers around the entire property. Expansion Potential: The site includes almost 2 acres of undeveloped land, offering plenty of room for additional storage buildings, RV/boat storage. The business operates almost exclusively online, providing a seamless booking, contract, CRM, & payment system and a fully functional website with dedicated email & phone number conveying with the sale. The property is located within an IRS opportunity zone, which allows for capital gains tax deferment, tax savings, and potentially tax free gains. This is an excellent investment opportunity to generate monthly cash-flow! Business website: https://www.easttylerstorage.com
Location
State TX
County Smith
Area Smith
Zoning Commercial
Exterior
View Y/N No
Listed by Colton Rudd • Standard Real Estate