Old Jack Storage presents a compelling investment opportunity in the rapidly growing Flint/Tyler market. Situated on FM 2493, a major corridor with over 23,000 vehicles per day, this ±3.29-acre facility offers excellent visibility and accessibility. The property includes six steel-framed buildings with concrete foundations, metal roofing, and secure chain-link fencing. Entry is controlled via electronic keypad access, and the site features paved parking and 15 dedicated spaces.
The facility is currently 94% physically occupied, with significant upside through improving economic occupancy and implementing operational enhancements. Current ownership collects minimal ancillary income streams, leaving room for growth via tenant insurance, administrative fees, and late fees. Additionally, the property includes land for future expansion, creating an opportunity to add units and increase revenue.
Located in an affluent area with average household incomes exceeding $125,000 within a 3-mile radius, Old Jack Storage benefits from strong demographics and sustained population growth. The surrounding community features new residential developments and proximity to Tyler’s major employment centers, healthcare institutions, and retail hubs. This strategic positioning ensures continued demand for storage solutions in a market with limited supply.