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Self Storage & Office Project

2 Properties in Lavon, TX

Investment Highlights

  • For a complete list of all available properties, please visit www.ridgepcre.com
  • Development opportunity
  • Mixed-Use, Retail
  • Self Storage
  • Unincorporated Zoning
  • For a complete list of all available properties, please visit our website at www.ridgepcre.com

Executive Summary

222-unit non-climate controlled self-storage complex sitting on 6.98 acres of prime land. This property boasts 11 warehouse buildings, totaling 35,100 RSF of drive-up and fully enclosed units, along with a 10,700 RSF Office/Retail building. The complex is fully gated with secure keycode access, ensuring peace of mind for both tenants and management. Currently at 90% occupancy, this facility serves an undersupplied trade area with immense growth potential. With approximately 4 acres of undeveloped land, there's an opportunity to expand and cater to the booming market demand. Additionally, the proximity to over 10,000 residential lots under development, coupled with a 70% population growth in the past 3 years and a 30% sales tax growth within the last 12 months, positions this property as a lucrative investment. The nearby MA Partners’ $2B mixed-use Elevon development adds further value and allure to this already enticing opportunity. Please contact the brokers to learn more about owning a piece of the future in a rapidly expanding market. Specs below.
222 unit non-climate controlled self storage complex with management living and office quarters on site
• 11 warehouse buildings
• 35,100 RSF total warehouse with drive-up and fully enclosed warehouse units
• 10,700 RSF Office/Retail building
• 6.98 acres total with approximately 4 acres of additional development land
• Fully gated with secure keycode access
• Self storage units currently 90% occupied
• Undersupplied trade area
• Opportunity for additional open boat and RV parking
• Over 10,000 residential lots under development
• 70% population growth in the past 3 years
• 30% sales tax growth within the past 12 months
• Near MA Partners’ $2B mixed-use Elevon development

Property Facts

Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 47,430 SF
Total Land Area 6.97 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Lake Lavon Storage
10945 State Highway 78, Lavon, TX 75166
Specialty 36,730 SF 2008 -
10941 State Highway 78, Lavon, TX 75166 Office 10,700 SF 2014 -
Show More > < Show Less
  • Listing ID: 31027274

  • Date on Market: 2/23/2024

  • Last Updated:

  • Address: Self Storage & Office Project, Lavon, TX

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