Homes for sale - 1505 W Neal Street, Commerce, TX 75428

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Morine Empire Realty & Associates

office@meranow.com +1(469) 629-9910

$ 1,299,900

Est. payment | -/mo

1.37 Acres Lot

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$ 1,299,900

Est. payment | -/mo

Save Virtual Tour

1.37 Acres Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Orig Town Of Commerce

MLS Listing ID 21010036

Total Fin. Sqft 17800

Year Built 1983

Annual Tax Amount $11,901

Lot Size 1.365 Acres

Acres 1.3655

Property Sub-Type Business

Property Description

Exceptional Self-Storage Investment Opportunity Near East Texas A&M University - the fastest-growing campus in the Texas A&M University system. This well-maintained self-storage facility offers an outstanding investment opportunity with strong income-producing potential and room for future expansion. Situated on over one acre of land, the property features a total of six freestanding, all-steel constructed buildings, designed for durability and low maintenance. The facility currently includes 173 rentable units with a balanced mix of sizes to meet a wide range of tenant needs: 5x10, 10x10, 10x15, 10x20. This variety of unit sizes allows the facility to serve both residential and commercial customers, including students, faculty, and residents from the surrounding community. The complex is equipped with a large on-site office, complete with air conditioning, providing a comfortable space for staff and customers. The facility is fully fenced and secured by an automatic gated entry system, security lighting, and a comprehensive surveillance camera network, ensuring peace of mind for tenants and ownership alike. Key Investment Highlights: Prime Location: High-visibility site within walking distance of a rapidly growing university campus, providing a built-in and expanding tenant base. Turnkey Operation: Professionally maintained with minimal immediate capital needs. Strong Demand Drivers: Proximity to university housing, residential neighborhoods, and local businesses. Security & Infrastructure: Secure perimeter fencing, gate access, and modern surveillance systems in place. Expansion Potential: The lot provides additional space for future development or added storage capacity (see aerial image for reference). Given the rising demand for self-storage in college towns and secondary markets, this property is well-positioned for consistent occupancy, reliable cash flow, and long-term asset appreciation.

Location

State TX

County Hunt

Zoning General Business

Direction From Live Oak turn north on W Neal

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Concrete

Heat Source Central

Exterior

Utilities Available City Sewer, City Water

Roof Type Metal

Garage No

Building

Foundation Slab

Structure Type Metal Siding

Others

Ownership KBDB Properties LTD

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21010036

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Patrice Tague • Cross Power Real Estate, LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(469) 629-9910

office@meranow.com

1505 W Neal Street Commerce, TX 75428