Listing Courtesy of: 903-355-0505 - Patrice Tague - Cross Power Real Estate, LLC
$1,150,000
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1505 W Neal Street Commerce, TX 75428
Other
Residence
Beds
Baths
...
Bed/Bath
17,800
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Exceptional Self-Storage Investment Opportunity Near East Texas A&M University - the fastest-growing campus in the Texas A&M University system. This well-maintained self-storage facility offers an outstanding investment opportunity with strong income-producing potential and room for future expansion.... Situated on over one acre of land, the property features a total of six freestanding, all-steel constructed buildings, designed for durability and low maintenance. The facility currently includes 173 rentable units with a balanced mix of sizes to meet a wide range of tenant needs: 5x10, 10x10, 10x15, 10x20. This variety of unit sizes allows the facility to serve both residential and commercial customers, including students, faculty, and residents from the surrounding community. The complex is equipped with a large on-site office, complete with air conditioning, providing a comfortable space for staff and customers. The facility is fully fenced and secured by an automatic gated entry system, security lighting, and a comprehensive surveillance camera network, ensuring peace of mind for tenants and ownership alike. Key Investment Highlights: Prime Location: High-visibility site within walking distance of a rapidly growing university campus, providing a built-in and expanding tenant base. Turnkey Operation: Professionally maintained with minimal immediate capital needs. Strong Demand Drivers: Proximity to university housing, residential neighborhoods, and local businesses. Security & Infrastructure: Secure perimeter fencing, gate access, and modern surveillance systems in place. Expansion Potential: The lot provides additional space for future development or added storage capacity (see aerial image for reference). Given the rising demand for self-storage in college towns and secondary markets, this property is well-positioned for consistent occupancy, reliable cash flow, and long-term asset appreciation.
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MLS#
21010036
Property Type
Other
Year Built
1983
Square Feet
17,800
sq. ft
Price per Sq. Ft.
$59,481.18
Lot Size
1.37
Sewer
Sewer Available, Public Sewer
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