11585 State Highway 64Tyler, TX 75704

Property Details for 11585 State Highway 64

Lot size

2.16 AC

Property size (Sq ft)

36,705 SF

Property type

Warehouses

Property subtype

Self storage facilities

Description

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.

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.3986

Longitude

-95.4149

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