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246 S Martin Luther King Jr Hwy
Mexia, TX 76667
Select Climate Storage · Specialty Property For Sale · 25,000 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 1.81 AC
Building Size 25,000 SF
No. Stories 1
Year Built 2013

AMENITIES

  • Property Manager on Site
  • Air Conditioning

ABOUT 246 S MARTIN LUTHER KING JR HWY , MEXIA, TX 76667

Select Climate Storage is a class “A” self storage opportunity in Mexia, Texas. The facility features all concrete driveways, steel framing and standing seam roofs. There is a large office with ample room for retail sales. The facility is fully perimeter fenced and has gated keypad access. Multiple security cameras are located throughout the property. SCS is a pride of ownership facility located on the main north - south street in Mexia. Mexia is located 42 miles east of Waco. The facility has a total of 89 units yielding 11,285 net rentable square feet. 78 out of the 89 units are climate controlled. Current physical occupancy is 97%. Included with the offering is ample room for expansion of additional buildings. The average unit size for climate controlled units is 136 square feet. Demographics surrounding the facility are 3,012 and 8,143 people in a one and three mile radius. The average household income is $33,569 and $35,026. Select Climate Storage is priced at $859,000. The current cap rate with market adjusted expenses is 8.04%.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R19196
Land Assessment
$39,440
Improvements Assessment
$397,670
Total Assessment
$437,110
  • Listing ID: 16983034

  • Date on Market: 8/21/2019

  • Last Updated:

  • Address: 246 S Martin Luther King Jr Hwy, Mexia, TX 76667

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