40
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$1,150,000
Est. payment /mo
1.37 Acres Lot
Price Dropped by $149K
1505 W Neal Street Commerce, TX 75428
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Orig Town Of Commerce
MLS Listing ID 21010036
Total Fin. Sqft 17800
Year Built 1983
Annual Tax Amount $11,901
Lot Size 1.365 Acres
Acres 1.3655
Property Sub-Type Business
Property Description
Exceptional Self-Storage Investment Opportunity Near East Texas A&M University - the fastest-growing campus in the Texas A&M University system. This well-maintained self-storage facility offers an outstanding investment opportunity with strong income-producing potential and room for future expansion. Situated on over one acre of land, the property features a total of six freestanding, all-steel constructed buildings, designed for durability and low maintenance. The facility currently includes 173 rentable units with a balanced mix of sizes to meet a wide range of tenant needs: 5x10, 10x10, 10x15, 10x20. This variety of unit sizes allows the facility to serve both residential and commercial customers, including students, faculty, and residents from the surrounding community. The complex is equipped with a large on-site office, complete with air conditioning, providing a comfortable space for staff and customers. The facility is fully fenced and secured by an automatic gated entry system, security lighting, and a comprehensive surveillance camera network, ensuring peace of mind for tenants and ownership alike. Key Investment Highlights: Prime Location: High-visibility site within walking distance of a rapidly growing university campus, providing a built-in and expanding tenant base. Turnkey Operation: Professionally maintained with minimal immediate capital needs. Strong Demand Drivers: Proximity to university housing, residential neighborhoods, and local businesses. Security & Infrastructure: Secure perimeter fencing, gate access, and modern surveillance systems in place. Expansion Potential: The lot provides additional space for future development or added storage capacity (see aerial image for reference). Given the rising demand for self-storage in college towns and secondary markets, this property is well-positioned for consistent occupancy, reliable cash flow, and long-term asset appreciation.
Location
State TX
County Hunt
Zoning General Business
Direction From Live Oak turn north on W Neal
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Concrete
Heat Source Central
Exterior
Utilities Available City Sewer, City Water
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Metal Siding
Others
Ownership KBDB Properties LTD
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21010036
©2025 North Texas Real Estate Information Systems.
Listed by Patrice Tague • Cross Power Real Estate, LLC
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