$1,195,000
1337 Arbala Road Sulphur Springs, TX 75482
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$1,195,000
Est. payment /mo
2.42 Acres Lot
UPDATED:
10/09/2024 09:02 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Sunrise Add
MLS Listing ID 20709825
Total Fin. Sqft 14000
Year Built 2023
Annual Tax Amount $9,052
Lot Size 2.425 Acres
Acres 2.425
Property Description
This prime mini storage property presents an exceptional investment opportunity with its strategic layout and growth potential. Built in 2023 Phase 1 includes 84 storage units, offering over 14,000 square feet of space, and is located on 2.425 acres at the front of the property. Phase one is currently 95% occupied and growing.
The potential expansion plan would utilize the 1.3-acre parcel situated behind the existing Phase 1 units. Phase 2 would add an additional 112 units based on the current design. Some infrastructure for Phase 2 is already established, featuring a 6-inch fire line and hydrant that extends to the rear of the property, building pads, and drives graded for an additional 14 building, ensuring a smooth development process.
With its established Phase 1 and well-conceived plans for Phase 2, this mini storage facility is perfectly positioned for continued success in a high-demand market.
The potential expansion plan would utilize the 1.3-acre parcel situated behind the existing Phase 1 units. Phase 2 would add an additional 112 units based on the current design. Some infrastructure for Phase 2 is already established, featuring a 6-inch fire line and hydrant that extends to the rear of the property, building pads, and drives graded for an additional 14 building, ensuring a smooth development process.
With its established Phase 1 and well-conceived plans for Phase 2, this mini storage facility is perfectly positioned for continued success in a high-demand market.
Location
State TX
County Hopkins
Zoning HI
Direction GPS
Interior
Heating Other
Cooling Other
Flooring Concrete
Heat Source Other
Exterior
Utilities Available City Sewer, City Water
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Metal Siding,Other
Others
Ownership Baines
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Listed by Marlin Jones • Freedom Realty