701 Main StAtlanta, TX 75551

Property Details for 701 Main St

Lot size

19.53 AC

Property size (Sq ft)

88,077 SF

Property type

Commercial real estate

APN

10877-42490-00000-000000

APU

9223372036854775807

Description

This 51-unit self-storage facility in Atlanta, Texas, presents a compelling investment opportunity. The property boasts 5,656 square feet across two single-story buildings on a 2.11-acre lot, currently operating at 100% occupancy. Built in 1970 and extensively renovated in 2020, the facility features recent capital improvements including a new security fence with a rolling gate (May 2020), a 20x20 metal office building (August 2020), new gravel (June 2020), new shingles, vinyl eaves, and gables (July 2020), 12 new roll-up doors (June 2021-2022), a new buried culvert (January 2022), fresh paint (January 2021), and exterior lighting upgrades (May 2020). The property is zoned F1 and offers significant expansion potential, allowing for a doubling or tripling of the rentable square footage. The asking price is $440,000, representing $77.79 per square foot and $8,627.45 per unit. Located at 701 W Main St, Atlanta, TX 75551, this property benefits from a convenient Main Street location and currently operates below market rates. The fee-simple ownership provides complete control and upside potential. This is a rare opportunity to acquire a well-maintained, high-performing self-storage facility with substantial growth prospects.

• Alternative Use

  Use

  Valuation

  Residential

  $22,201,986

  Hospitality

  $20,336,900

  Educational

  $16,920,062

  Medical

  $17,501,968

  Retail

  $26,320,096

Location Insight

City

Atlanta

County

Cass

State

Texas

Latitude

33.1131

Longitude

-94.1531

Property Tax & Assessments

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