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5600 Fm 646 Rd W
Dickinson, TX 77539
Specialty Property For Sale
·
105,085 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 105,085 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 2014/2016 |
| Lot Size | 5.62 AC |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 5.62 AC |
| Building Size | 105,085 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2014/2016 |
AMENITIES
- Property Manager on Site
- Signage
- Air Conditioning
ABOUT 5600 FM 646 RD W , DICKINSON, TX 77539
High Point Storage Bay Colony is a class “A” 102,428 NRSF self-storage facility in Dickinson, TX. The facility consists of 576 climate, non-climate and enclosed boat/rv units. The facility is located just west of Interstate 45 at the northwest corner of FM 517 and FM 646. There are new residential neighborhoods and national retailers with close proximity to High Point Storage. The facility is located at the signalized intersection of FM 517 & FM 646. This is a dominant retail corridor with retailers Walgreens, Burger King, Mobil and Chevron. Construction highlights for High Point Storage include concrete driveways, metal buildings, steel framing and standing seam roofs. The facility is equipped with exterior lighting, security cameras, perimeter fencing and gated entry with keypad access. High Point Storage has a large two story on-site office and apartment. The office has ample space for retail sales, truck rental leasing and customer meeting space. High Point Storage was built in phases between 2014 and April 2016. Occupancy has consistently been in the 85%-90%+ percentage since opening. Current ownership has not aggressively raised rates on existing tenants or instituted tenant insurance plans. Tenant insurance is not offered and rental rate increases to existing tenants is sporadic. The current physical occupancy is 75% and economic occupancy is 88%. Offers are due July 9th, 2019.
PROPERTY TAXES
| Parcel Number | 1371-0000-0001-002 | Improvements Assessment | $8,010,650 |
| Land Assessment | $489,350 | Total Assessment | $8,500,000 |
PROPERTY TAXES
