$1,099,500
For more information regarding the value of a property, please contact us for a free consultation.
14,200 SqFt
SOLD DATE : 04/01/2024
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 14,200 sqft
Price per Sqft $70
Subdivision Oakview Hills
MLS Listing ID 9655235
Sold Date 04/01/24
Year Built 2005
Annual Tax Amount $451
Tax Year 2022
Lot Size 10.110 Acres
Acres 10.11
Property Sub-Type Mixed Use
Source actris
Property Description
Listing just changed to include ALL ACREAGE. Investor Special! Self-Storage Cash Cow with great upside and expansion. Three tracts totaling 10.11 acres including the corner. The property has great road frontage with excellent visibility on FM 2657. Currently, it has approximately 114 metal storage units with slab floors + 37 dry storage parking spots + room for approximately 200 more units/parking spot expansion. It is now 82% occupied and increasing quarterly but lot of room for more income! UPSIDE - Room for potential expansion for more self-storage units, open air dry storage, commercial buildings, RV Park or RV Storage. Rents are under market value so room to maximize cash flow. New home subdivisions being built around the area so storage needs are on the rise. Please call with questions. Thanks
Location
State TX
County Lampasas
Area Lp
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring See Remarks
Fireplace N
Exterior
Utilities Available See Remarks
View Hill Country
Accessibility See Remarks
Total Parking Spaces 50
Building
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Frame,Metal Siding
New Construction No
Others
Restrictions See Remarks
Acceptable Financing Cash, Conventional
Tax Rate 1.9053
Listing Terms Cash, Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with McAllister & Associates
Find out why customers are choosing LPT Realty to meet their real estate needs