This exceptional 18,696 square foot self-storage facility in Sanger, TX, presents a lucrative investment opportunity. Boasting approximately 140 feet of Interstate 35 frontage, this property enjoys unparalleled visibility and accessibility. Situated on a one-acre lot, the facility is fully equipped with all utilities (electric, water, and sewer). Established in 2015, the business utilizes a user-friendly web-based management system, including online payment capabilities, enabling contactless move-ins and 24/7 customer access via security cameras. The facility currently operates at 15% below market rent, offering significant potential for revenue growth by raising rents to market rates. The property benefits from the robust growth of Northern Denton County, with ongoing commercial and residential development. Its proximity to major developments like Rayzor Ranch, the new Denton Convention Center, and the future Denton County Fairgrounds (in Krum, TX) further enhances its appeal. The location also places it within a 15-minute drive of the University of North Texas and Texas Woman's University, providing a strong and expanding customer base. This turnkey operation is exceptionally easy to manage, requiring minimal onsite supervision, and presents a compelling opportunity for significant return on investment. The property's strong location, established online presence, and potential for increased revenue make it an attractive proposition for savvy investors.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,993,381
Hospitality
$3,657,915
Educational
$3,043,343
Medical
$3,148,008
Retail
$4,734,088
Location Insight
City
Sanger
County
Denton
State
Texas
Latitude
33.3733
Longitude
-97.1764
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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