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4600 I-30 Frontage Rd
Rockwall, TX 75087
 Lock and Leave Self Storage - Fate, Texas · Specialty Property For Sale · 14,600 SF

Self Storage Facilities Texas Rockwall 4600 I-30 Frontage Rd, Rockwall, TX 75087

INVESTMENT HIGHLIGHTS

  • *** Excellent location on IH-30 East Frontage Road in Fate/Rockwall, Texas
  • ***Projected Cap Rate can be as high as 12% to 14%
  • ***Last overall rent increase went into effect as of August 2016 (Rents are below market too)
  • ***Very Unique Add-Value Investment Opportunity
  • ***Effective current economic and physical occupancy is reported by Seller as ~ 32.5% - 35% (extremely below market average) and JUST found out there
  • ***OFFERED BELOW EXISTING COMPARABLE SOLD LAND ACREAGE IN PROXIMITY***Sold for 1.801M two parcels over

PROPERTY FACTS

Property Type Specialty No. Stories 1
Property Subtype
Self-Storage
  • Specialty Parking Lot
 Year Built 1978
Lot Size 2.00 AC Parking Ratio 0.96/1,000 SF
Building Size 14,600 SF
Zoning Highway with continuous - The zoning has been revised due to the Town's Comprehensive Plan, however owner's have continuous use and approved Town Council Minutes for expansion
Property Type Specialty
Property Subtype
Self-Storage
  • Specialty Parking Lot
Lot Size 2.00 AC
Building Size 14,600 SF
No. Stories 1
Year Built 1978
Parking Ratio 0.96/1,000 SF
Zoning Highway with continuous - The zoning has been revised due to the Town's Comprehensive Plan, however owner's have continuous use and approved Town Council Minutes for expansion

AMENITIES

  • Property Manager on Site
  • Signage

PROPERTY TAXES

Parcel Number 47978 Improvements Assessment $343,981
Land Assessment $229,321 Total Assessment $573,302

PROPERTY TAXES

Parcel Number
47978
Land Assessment
$229,321
Improvements Assessment
$343,981
Total Assessment
$573,302
 

  • Listing ID: 19936633

  • Date on Market: 6/16/2020

  • Last Updated:

  • Address: 4600 I-30 Frontage Rd, Rockwall, TX 75087

More public record information on 4600 I-30 Frontage Rd, Rockwall, TX 75087

The Specialty Property at 4600 I-30 Frontage Rd, Rockwall, TX 75087 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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