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- LoopNet Team
1709 Llano St
Fredericksburg, TX 78624
Self-storage | Commercial | Residential · Land For Sale
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3.50 AC
INVESTMENT HIGHLIGHTS
- Self Storage
- High demand for self storage units and low competition (scarcity) of this type of investment property in the area.
- This property has room for additional expansion, providing the opportunity to add new units and meet rising demand.
PROPERTY FACTS
DESCRIPTION
PRIME INVESTMENT OPPORTUNITY situated on the edge of town, just beyond the bustling downtown of Fredericksburg, this expansive 3.5-acre property presents a compelling blend of income-generating assets and promising development opportunities. The property currently includes: - 66 (10x10) Storage Units: These units offer a reliable source of rental income and cater to the high demand for storage solutions in the area. - Residential House: Currently occupied by a long-term tenant, providing stability in rental income or potential for housing prospects under a new owner. - Storefront: Adaptable for diverse retail or commercial uses, contributing to the property's versatile income potential. The property boasts a strategic location that provides convenient access to city amenities while offering the freedom of a more spacious, suburban setting. Capitalizing on the availability of city sewer services and ample room for expansion this is a prime investment opportunity for those seeking to optimize returns through residential development, commercial endeavors, or a harmonious blend of both.
PROPERTY TAXES
| Parcel Number | 10166 | Improvements Assessment | $120,800 |
| Land Assessment | $468,750 | Total Assessment | $589,550 |
PROPERTY TAXES
