3225 Pine StAbilene, TX 79601

Property Details for 3225 Pine St

Year built

1977

Lot size

0.59 AC

Property size (Sq ft)

11,428 SF

Property type

Commercial real estate

APN

48200040700

APU

48200040700

Description

This exceptional self-storage opportunity in Abilene, Texas, presents a compelling investment prospect. The property, known as The Storage Place - Pine St., boasts 11,352 square feet of rentable space distributed across 77 non-climate controlled, drive-up units. Built in 1977 and situated on a 0.58-acre lot, the facility comprises three buildings. Recent improvements include a complete exterior renovation in 2023, enhancing curb appeal and property value. The property benefits from excellent visibility and accessibility, with a high daily vehicle count of 8,834. The infrastructure is in place for remote management, streamlining operational efficiency. The asking price is $900,000, representing a compelling $79.28 per square foot and a strong 6.86% capitalization rate. This turnkey operation offers immediate income generation and significant potential for future growth in a thriving Texas market. The property's location at 3225 Pine St, Abilene, TX 79601, ensures convenient access for both tenants and management. This is a rare opportunity to acquire a well-maintained, high-performing self-storage facility with significant upside potential.

• Alternative Use

  Use

  Valuation

  Residential

  $3,603,659

  Hospitality

  $3,300,932

  Educational

  $2,746,337

  Medical

  $2,840,788

  Retail

  $4,272,080

Location Insight

City

Abilene

County

Taylor

State

Texas

Latitude

32.4889

Longitude

-99.7307

CBSA code

10180

CBSA name

ABILENE, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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