2050 S Main St - Self-Storage Facilities FOR SALE


McGregor, TX 76657
$1,900,000 USD
254-855-5500
2050 S Main St, McGregor, TX for Sale
$1,900,000 USD
Self-Storage Facilities - FOR SALE
1/5
null | Request Cap Rate

2050 S Main St
McGregor, TX 76657


HIGHLIGHTS

  • Value add investment opportunity
  • Expansion area included
  • Well-established storage facility with 156 storage units
  • Conveniently located near Hwy 84
  • Excellent visibility and accessibility

OVERVIEW

Sunset Self Storage offers an opportunity to acquire an established self-storage facility in McGregor, Texas. Situated on approximately 3.44 acres, the property consists of 10 buildings containing 156 storage units and an office component. Built in 2005, the facility serves the surrounding McGregor market while benefiting from proximity to both the Waco and Killeen-Temple-Fort Hood metropolitan areas, which collectively represent a substantial regional population base. The property is currently operating as a storage facility with home office use and reports 81% physical occupancy. Investors have the ability to capitalize on existing operations while evaluating future upside through occupancy growth and the included expansion area. The facility's location near Highway 84 supports customer accessibility and regional connectivity, while visibility along South Main Street enhances exposure to local traffic. Constructed with concrete foundations, metal exterior walls, and metal roofing, the property offers a durable storage asset configuration. Municipal water and sewer service are provided by the City of McGregor, and electrical service is supplied by Heart of Texas Electric Cooperative. The site's Medium Industrial (MI) zoning supports its current use and provides a framework for continued operation. With an established operating history, expansion potential, and location within the growing Central Texas region, Sunset Self Storage presents an opportunity for investors seeking a self-storage asset with existing occupancy and future growth potential.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunset Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.45 AC

LAND SF

150,282 SF

ZONING

MI

APN/PARCEL ID

34-061000-000600-2

ASK ABOUT THIS PROPERTY

Nathan Embry, CCIM, SIORKelly CommercialMore Info
254-855-5500

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Nathan Embry, CCIM, SIORKelly CommercialMore Info
254-855-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.