119 County Road 4003, Decatur, TX 76234
25,000 SF Specialty Building Offered at $2,300,000 in Decatur, TX 76234
For Sale
Active
Asking Price $2,300,000
- Property Type
-
Specialty
- Square Feet
- 25,000 SF
- Price / Square Foot
- $92
Listing Contacts
Gary Singh
Property Overview
This is a true value add property offering exceptional growth & income potential to the right investor. The current
owner has no prior storage facility operating experience & has become over-committed to multiple projects so they are
extremely motivated. This new, state of the art facility is in an ideal location & in an underserved market that just needs
basic marketing to realize its full potential - no signage, no online presence, no email/direct mail advertising, inadequate
staffing, no attention to customer capture, etc. With 75% of the property ready for expansion PLUS additional acreage
available, this property is a rare find. Whether you are an existing operator looking to add inventory, a seasoned
developer, or a savvy marketer ready to get into the right place at an excellent time, this is a must-see opportunity.
Property Highlights - Visit Patriot Self-Storage for site map, unit pricing and sizes, etc.
? Total area: 7.58 acres.
o Fully developed 2+ acres:
? Construction completed in May, 2022
? Storage Units: 166 total units = 21,925 rentable sq ft
? 97 Climate Controlled = 12,800 sq ft
? 69 outside access = 9,125 sq ft
? Automatic gate with coded entry, interior & exterior security cameras, restricted access to interior units
? Site software with monthly subscription from Easy Storage Solutions™
? Property sufficient to support an additional 60,000+ rentable sq ft
? Property is outside the Decatur city limits so no permits or inspections are needed, start construction
immediately.
? Right of First Refusal on approximately 5.2 acres adjacent to the subject property for future development.
? Property located in HUD Opportunity Zone offering tax & other incentives.
Competition – There are about 12 self-storage facilities serving Decatur. Most facilities have a waiting list representing
an unmet demand for storage units in the area. Existing locations are mainly aging, requiring capital improvements or
suffering from deferred maintenance.
owner has no prior storage facility operating experience & has become over-committed to multiple projects so they are
extremely motivated. This new, state of the art facility is in an ideal location & in an underserved market that just needs
basic marketing to realize its full potential - no signage, no online presence, no email/direct mail advertising, inadequate
staffing, no attention to customer capture, etc. With 75% of the property ready for expansion PLUS additional acreage
available, this property is a rare find. Whether you are an existing operator looking to add inventory, a seasoned
developer, or a savvy marketer ready to get into the right place at an excellent time, this is a must-see opportunity.
Property Highlights - Visit Patriot Self-Storage for site map, unit pricing and sizes, etc.
? Total area: 7.58 acres.
o Fully developed 2+ acres:
? Construction completed in May, 2022
? Storage Units: 166 total units = 21,925 rentable sq ft
? 97 Climate Controlled = 12,800 sq ft
? 69 outside access = 9,125 sq ft
? Automatic gate with coded entry, interior & exterior security cameras, restricted access to interior units
? Site software with monthly subscription from Easy Storage Solutions™
? Property sufficient to support an additional 60,000+ rentable sq ft
? Property is outside the Decatur city limits so no permits or inspections are needed, start construction
immediately.
? Right of First Refusal on approximately 5.2 acres adjacent to the subject property for future development.
? Property located in HUD Opportunity Zone offering tax & other incentives.
Competition – There are about 12 self-storage facilities serving Decatur. Most facilities have a waiting list representing
an unmet demand for storage units in the area. Existing locations are mainly aging, requiring capital improvements or
suffering from deferred maintenance.
Property Details
- Class
- C
- Year Built
- 2022
- Stories
- 1
- Property Subtype
- Self-Storage
- Lot Size (sq. ft)
- 330,185 SF
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