For Sale
$2,650,000

11585 State Highway 64Tyler, TX 75704

High-Yield Self Storage Facility, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 36,705-square-foot self-storage warehouse facility in Tyler, Texas. Boasting a strong 79% physical occupancy rate, the property generates a substantial net operating income (NOI) of $185,465. The complex comprises ten single-story buildings constructed between 1998 and 2007, situated on a 2.16-acre lot with high visibility frontage on State Highway 64. The property includes 247 units, offering a mix of non-climate-controlled and climate-controlled storage options, along with an on-site office and ample billboard advertising space. Its strategic location offers easy access to The University of Texas at Tyler (2.1 miles) and Downtown Tyler (5.2 miles), serving a robust population of 54,872 within a 5-mile radius, with an average household income exceeding $89,670. The asking price for this well-maintained, high-performing asset is $2,650,000. The property's APN is R020869. This is a rare chance to acquire a thriving self-storage facility in a prime Texas location. The property features 220 non-climate-controlled units, 25 climate-controlled units, one billboard, and one office/warehouse space.

Highlights

  • Tyler, Texas location.
  • $89,670 average household income within a 5-mile radius.
  • 54,872 population within a 5-mile radius.
  • High-visibility frontage on State Highway 64.
  • 2.1 miles from the University of Texas at Tyler.
  • 5.2 miles from Downtown Tyler.

Property Details for 11585 State Highway 64

Property type
Warehouses, Self storage facilities
Square Feet
36,705 SF
Buildings
10
Stories
1
Lot Size (sq. ft)
94,090 SF
Units
247

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.3986023
Longitude
-95.4149003
11585 State Highway 64, Tyler, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
11585 State Highway 64
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message