This property holds immense potential for a range of development possibilities and is a promising income-generating asset. The new owner will appreciate the existing storage facility located on 2 acres boasting 90 units, including a mix of 10x10 and 20x20 options, as well as a 40x40 barn and boat-RV-trailer-vehicle parking this facility offers versatility and convenience for tenants seeking secure storage solutions. This property provides immediate revenue potential while offering room for further growth. Additionally, the presence of a prepared cement pad sets the stage for an exciting expansion opportunity, allowing for the potential doubling of the current storage capacity. The turnkey investment offers convenient access for tenants. Adjacent to the storage facility, an additional 7 acres include a dilapidated home in need of demolition, providing a clean slate for expansion and new development.
Mls | 20580121 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 2022 |
Days On Site | 249 |
Listing Provided By | Compass RE Texas, LLC. | Kyle Graham |
Sq Feet | 389,862 |
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Storys | 1 |
Units | 92 |
Zoning | N/A |
Acreage | 8.95 |
State | TX |
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County | Gregg |
City | Longview |
Zip Code | 75605 |
Area | Gregg |
Listing VS Median (in 75605) | |
Price: $1,780,000 low | high Med: $694,450 SqFt: 389,862 low | high Med: 3,964 $ / SqFt: $5 low | high Med: $183 On Site: 249 low | high Med: 289.500000 |