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3674 Tx-337-loop
New Braunfels, TX 78130
Lone Star Storage - New Braunfels · Specialty Property For Sale
·
97,763 SF
Investment Highlights
- New Braunfels, TX
- $114,508 Average Household Income Within 5 Miles
- 1.1 Miles from I-35
- 94,870 Population Within 5 Miles
- Frontage on Loop 337
- 1.5 Miles from Major Retail (H-E-B, Chick-fil-A)
Executive Summary
https://versalpartners.com/properties/lone-star-storage-center-new-braunfels/
Lone Star Storage Center is located in New Braunfels, Texas, one of the fastest-growing cities in the Austin– San Antonio super-corridor. Few markets in the country
have the population momentum of the I-35 corridor, and New Braunfels continues to absorb migration from both Austin and San Antonio, directly driving storage demand.
The property features 355 non-climate, 247 climate controlled, and 28 covered parking units for a total of 97,763 NRSF. It also includes 14 uncovered parking spaces. The facility has a current physical occupancy of 80% and economic occupancy of 78%. The average unit size is 136 NRSF.
The facility is well located, with 94,870 people living within 5 miles and an average household income of $114,508. It has frontage on Loop 337, a major local corridor, and is only 1.1 miles from Interstate-35, granting easy access for customers from both residential and commercial areas. The facility is also 1.5 miles from major retail anchors like H-E-B and Chick-fil-A, bringing daily traffic and strong neighborhood density.
Construction highlights include concrete drives, metal and steel construction, gated keypad access, exterior lighting, perimeter fencing, security cameras, and a
state-of-the-art on-site office.
This is a rare opportunity to acquire a class “A”, family owned facility with untapped operational upside in an institutional-quality market. Contact Versal for pricing
guidance.
Lone Star Storage Center is located in New Braunfels, Texas, one of the fastest-growing cities in the Austin– San Antonio super-corridor. Few markets in the country
have the population momentum of the I-35 corridor, and New Braunfels continues to absorb migration from both Austin and San Antonio, directly driving storage demand.
The property features 355 non-climate, 247 climate controlled, and 28 covered parking units for a total of 97,763 NRSF. It also includes 14 uncovered parking spaces. The facility has a current physical occupancy of 80% and economic occupancy of 78%. The average unit size is 136 NRSF.
The facility is well located, with 94,870 people living within 5 miles and an average household income of $114,508. It has frontage on Loop 337, a major local corridor, and is only 1.1 miles from Interstate-35, granting easy access for customers from both residential and commercial areas. The facility is also 1.5 miles from major retail anchors like H-E-B and Chick-fil-A, bringing daily traffic and strong neighborhood density.
Construction highlights include concrete drives, metal and steel construction, gated keypad access, exterior lighting, perimeter fencing, security cameras, and a
state-of-the-art on-site office.
This is a rare opportunity to acquire a class “A”, family owned facility with untapped operational upside in an institutional-quality market. Contact Versal for pricing
guidance.
Property Facts
| Sale Type | Investment | Lot Size | 6.91 AC |
| Property Type | Specialty | Building Size | 97,763 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built | 2018 |
| Zoning | M-1 - light industrial district | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 6.91 AC |
| Building Size | 97,763 SF |
| No. Stories | 1 |
| Year Built | 2018 |
| Zoning | M-1 - light industrial district |
Amenities
- Signage
Property Taxes
| Parcel Number | 32-0431-0001-00 | Improvements Assessment | $8,915,041 |
| Land Assessment | $1,134,959 | Total Assessment | $10,050,000 |
Property Taxes
Parcel Number
32-0431-0001-00
Land Assessment
$1,134,959
Improvements Assessment
$8,915,041
Total Assessment
$10,050,000
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