10381 Farm To Market Rd 730Azle, TX 76020

  • Self storage facilities
  • 13,500 SF
For Sale
$2,900,000 View listing

Property Details for 10381 Farm To Market Rd 730

Year built
2023
Lot size
7.00 AC
Property size (Sq ft)
13,500 SF
Property type
Self storage facilities

Description

Exceptional investment opportunity in Azle, Texas, presents a brand-new, 13,500-square-foot self-storage facility built in 2023. This property boasts 90 units across three single-story buildings situated on a 7-acre lot with Commercial zoning. Currently operating at 49% occupancy, the facility offers significant upside potential with a pro-forma NOI of $292,000 and a pro-forma cap rate of 10.07%. The asking price is $2,900,000, translating to $214.81 per square foot. The property features two gated areas

Location Insight

City
Azle
County
Wise
State
Texas
Latitude
32.9186
Longitude
-97.5464

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