101 Bishop Rd | Rockport, TX 78382
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101 Bishop Rd
Rockport, TX 78382
Lock n Leave It · Specialty Property For Sale · 14,524 SF
INVESTMENT HIGHLIGHTS
- High Demand Storage area
- Not in Flood Plain - Zone X
- Increased Rent Potential
EXECUTIVE SUMMARY
Stable storage facility with 154 Total units. The mix includes 55 boat stalls (100%); 13 Covered RV Storage spaces built to code in 2022 (31%); 31 Uncovered spaces (90%; and 54 Self Storage Units inside the corner warehouse. The Self Storage is finishing completion in March 2024. Rates for Self Storage will yield an additional $4000/mo when filled at market rates. There is room for rate increases on the boat storage.
Its a great opportunity to own a facility with every type of self storage: Enclosed Stall storage, outside, open parking spaces, Tall, covered spaces for RVs, and small to large cubicles for self storage of personal items inside a warehouse, safe from the elements.
Its a great opportunity to own a facility with every type of self storage: Enclosed Stall storage, outside, open parking spaces, Tall, covered spaces for RVs, and small to large cubicles for self storage of personal items inside a warehouse, safe from the elements.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 2.47 AC |
| Cap Rate | 6.69% | Building Size | 14,524 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1995/2024 |
| Property Subtype | Self-Storage | Parking Ratio | 2.07/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| Cap Rate | 6.69% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.47 AC |
| Building Size | 14,524 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1995/2024 |
| Parking Ratio | 2.07/1,000 SF |
| Opportunity Zone |
Yes |
PROPERTY TAXES
| Parcel Number | R14787 | Improvements Assessment | $813,440 |
| Land Assessment | $112,370 | Total Assessment | $925,810 |
PROPERTY TAXES
Parcel Number
R14787
Land Assessment
$112,370
Improvements Assessment
$813,440
Total Assessment
$925,810
ZONING
| Zoning Code | No Zoning (No Zoning outside of city limits.) |
| No Zoning (No Zoning outside of city limits.) |
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