Kempner, TX 76539,135 County Road 4953 RD

$1,099,500

Est. payment /mo
Est.Price: ?

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135 County Road 4953 RD Kempner, TX 76539

14,200 SqFt

SOLD DATE : 04/01/2024

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 14,200 sqft

Price per Sqft $70

Subdivision Oakview Hills

MLS Listing ID 9655235

Sold Date 04/01/24

Originating Board actris

Year Built 2005

Annual Tax Amount $451

Tax Year 2022

Lot Size 10.110 Acres

Property Description

Listing just changed to include ALL ACREAGE. Investor Special! Self-Storage Cash Cow with great upside and expansion. Three tracts totaling 10.11 acres including the corner. The property has great road frontage with excellent visibility on FM 2657. Currently, it has approximately 114 metal storage units with slab floors + 37 dry storage parking spots + room for approximately 200 more units/parking spot expansion. It is now 82% occupied and increasing quarterly but lot of room for more income! UPSIDE - Room for potential expansion for more self-storage units, open air dry storage, commercial buildings, RV Park or RV Storage. Rents are under market value so room to maximize cash flow. New home subdivisions being built around the area so storage needs are on the rise. Please call with questions. Thanks

Location

State TX

County Lampasas

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring See Remarks

Fireplace N

Exterior

Utilities Available See Remarks

Waterfront No

View Hill Country

Accessibility See Remarks

Parking Type On Site, Open, Secured, Storage

Total Parking Spaces 50

Building

Foundation Slab

Sewer Septic Tank

Water Public

Structure Type Frame,Metal Siding

New Construction No

Others

Restrictions See Remarks

Acceptable Financing Cash, Conventional

Tax Rate 1.9053

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by MGM Real Estate Services
Bought with McAllister & Associates

Christine Emanuel

Advisor | License ID: 682255

+1(512) 750-3800

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