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12900 N Mopac Expy
Austin, TX 78727
Mopac Self Storage (Three Property Portfolio) · Specialty Property For Sale · 1,726 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 5.05 AC
Building Size 1,726 SF
No. Stories 2
Year Built 1995
Parking Ratio 0.08/1,000 SF
Zoning CO, CS

AMENITIES

  • Air Conditioning

ABOUT 12900 N MOPAC EXPY , AUSTIN, TX 78727

Mopac Mini Storage is a class “A” trophy self storage facility in north Austin with proximity to The Domain. The Doman is Austin’s premier live, work and play shopping destination in what is being called “Austin’s Second Downtown”. The Domain features 1.8mm sq. ft. of high-end retail (Neiman Marcus, Apple, Burberry, Tiffany & Co., etc.). There is 3.4mm sq. ft. of office space leased to Amazon, Facebook, Google and VRBO among others. Residential highlights include more than 3,700 apartment apartments. The retail portion of The Domain is owned by Simon Properties (NYSE: SPG). Mopac Self Storage is located only 2.2 miles from The Domain. Property highlights include all concrete driveways, steel and metal framing and a large office with ample space for retail sales. The facility has a two-story climate-controlled building with two elevators. Security highlights include security cameras, keypad access and perimeter fencing. There are a total of 630 units and 21 outdoor parking spots. Total rentable square feet is 71,454 with 27,224 being climate controlled space. Current physical occupancy is 90% based on both square feet and units. Economic occupancy is 95%. The facility has been owned and managed by the same family for nearly 25 years. Tenant insurance has never been offered – leaving new ownership a huge opportunity to increase net operating income. The area surrounding Mopac Mini Storage is densely populated with high income earners. The three-mile population is 102,431 and the average household income is $89,601.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
270747
Land Assessment
$5,495,100
Improvements Assessment
$3,359,456
Total Assessment
$8,854,556
  • Listing ID: 18044667

  • Date on Market: 12/27/2019

  • Last Updated:

  • Address: 12900 N Mopac Expy, Austin, TX 78727

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