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3045 Cedar Dr
La Marque, TX 77568

Bo’s Self Storage · Specialty Property For Sale · 1,800 SF

Investment Highlights

  • Stabilized Facility
  • Great Opportunity for First-Time Buyers
  • Close Proximity to major Thoroughfare I-45
  • NEW Improvements I Exterior Metal Framing & Doors, 4k Cameras, & Stadium Lights
  • 1,800 SF Office Onsite | Leased until January 2024

Executive Summary

Bo’s Self Storage is a 112 non-climate controlled unit facility located seconds away from I45 in La Marque, Texas. It contains new property improvements and is adequately positioned to be remotely managed. The new property improvements include stadium lights and 4k cameras. Both are great additions for either a nearby owner looking to expand or a first-time buyer. The improvements coupled with the surrounding gate ensure a safe storage experience for local renters. The current owner has achieved 90% occupancy since purchasing the facility in 2021 and continues an upward trajectory. In addition, the site contains an 1,800 square foot office space which is leased for the following three (3) years followed by a three (3) year renewal. Given the property’s location, amenities, and track record, it has consistently achieved increasing occupancy rates and demonstrated market resilience with comparable properties.

PROPERTY FACTS

Sale Type Owner User
Property Type Specialty
Property Subtype Self-Storage
Lot Size 1.00 AC
Building Size 1,800 SF
No. Stories 1
Year Built/Renovated 1976/2021
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0002-0036-0000-000
Land Assessment
$54,450
Improvements Assessment
$245,550
Total Assessment
$300,000

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 29530058

  • Date on Market: 9/15/2023

  • Last Updated:

  • Address: 3045 Cedar Dr, La Marque, TX 77568

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