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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 | Building Size | 25,000 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 2013 |
| Lot Size | 1.81 AC |
| 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
| Parcel Number | R19196 | Improvements Assessment | $397,670 |
| Land Assessment | $39,440 | Total Assessment | $437,110 |
PROPERTY TAXES
Listing ID: 16983034
Date on Market: 8/21/2019
Last Updated:
Address: 246 S Martin Luther King Jr Hwy, Mexia, TX 76667
