1609 Lakeland DrLiberty, TX 77575

  • Commercial real estate
  • 2,000 SF
For Sale
$495,000 View listing

Property Details for 1609 Lakeland Dr

Year built
1999
Lot size
2.00 AC
Property size (Sq ft)
2,000 SF
Property type
Commercial real estate
APN
R94550
APU
R94550

Description

This exceptional investment opportunity presents a 7,300 square foot self-storage facility situated on two acres in Liberty, Texas. The property boasts 32 existing units housed within four buildings, including a recently constructed 2,400 square foot warehouse and a 900 square foot free-standing office building. Approved plans are in place for a significant expansion, adding three new storage buildings totaling 6,800 square feet. An additional 2,800 square foot building could replace the existing outdoor parking area, further increasing revenue potential. The facility is conveniently located just one mile from Highway 90 and 0.8 miles from TX-146, ensuring high visibility and accessibility. Security features include a fully fenced perimeter with an automated gate and secure pin pad access. Currently managed remotely, this property offers a value-add opportunity for expansion or is ideal for an owner-operator seeking income-producing storage units alongside existing warehouse and office space. The asking price is $495,000, with a price per square foot of $67.81 and a price per unit of $15,468.75. The property's APN is R94550. This turnkey operation presents a compelling investment prospect with substantial growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $629,304
    Hospitality
    $576,439
    Educational
    $479,591
    Medical
    $496,085
    Retail
    $746,030

Location Insight

City
Liberty
County
Liberty
State
Texas
Latitude
30.0677
Longitude
-94.7844
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,448
$76,670
$222,210
$298,880
-
$76,670
$222,210
$298,880

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