Property Details:
- County or Parish
- Cass
- Lot Size
- 1 to < 3 Acres
- Lot Size (Acres)
- 2.1800
- Lot Size Area
- 2.1800
- Lot Size (Square Feet)
- 94960.8000
- Zoning Description
- U
Interior Information:
- Ceiling Height
- Other
- Heating
- None
- Cooling
- None
- Flooring
- Concrete
- Stories Total
- 1
Exterior Information:
- Lot Size
- 1 to < 3 Acres
- Acres
- 2.1800
- Waterfront
- No
Commercial Info:
- Building Area Total
- 7750.00
- Building Use
- Storage Warehouse
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21061691
205 Highway 155 Highway
Avinger, Texas
$279,900
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Type: Commercial Sale
Year Built: 2000
Remarks: This well-established self-storage facility is conveniently located in Avinger, Texas, situated on State Highway 155 near the intersection with Highway 49. Positioned at the strategic crossroads of Lake O’ the Pines, Jefferson, Hughes Springs, Linden, and Ore City, the property occupies over two acres with significant potential for growth. Currently operating at 60% occupancy, the facility offers 64 units ranging from 5x10 to 10x15, housed in two buildings constructed in 2000 and 2002. Enhanced security features include perimeter fencing and automated coded gate access, providing tenants with peace of mind. The spacious layout allows for easy maneuvering of trucks and trailers, adding to tenant convenience. An additional vacant acre offers ample opportunity for expansion, including the possibility of RV and boat storage to leverage the nearby lakes and surrounding communities. Managed through a fully integrated online platform with seamless payment processing and tenant services, the business runs smoothly and efficiently. With a current cap rate of approximately 7.4% based on the asking price and potential to increase to 15.2% by filling all units, along with additional income opportunities from developing the extra acre, this property presents a compelling investment. It’s an ideal prospect for an owner ready to dedicate time and vision to unlock its full potential in this thriving East Texas market. The property has a new survey and is ready for its new owners!
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Listed by: Susan Jackson
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Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321