1505 W Neal Street, Commerce, TX

$1,150,000

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1.37

Acres

About 1505 W Neal Street

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.

Features of 1505 W Neal Street

MLS® # 21010036
Price $1,150,000
Bathrooms 0.00
Acres 1.37
Year Built 1983
Type Commercial Sale
Sub-Type Business
Status Active Under Contract

Community Information

Address 1505 W Neal Street
Subdivision Orig Town Of Commerce
City Commerce
County Hunt
State TX
Zip Code 75428-2455

Amenities

Utilities City Sewer, City Water
Garages Concrete
Is Waterfront No
Pool On Property No

Interior

Heating Central
Fireplace No
# of Stories 1
Stories 1

Exterior

Roof Metal
Construction Metal Siding
Foundation Slab

Additional Information

Flooring Carpet, Concrete
Net Income $50,496
Building Sqft 17,800
# Units 184
Building Use Storage Warehouse, Other
Commercial Features Storage Warehouse, Other
Zoning General Business

Listing Details

AgentPatrice Tague
OfficeCross Power Real Estate, LLC
Contact Info903-355-0505

Listing Map

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