1. Texas
  2. Commerce
  3. 1505 W Neal Street
$1,299,900

1505 W Neal Street, Commerce, TX 75428

  • 17,800 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon1.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $73/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Listing Office:
Cross Power Real Estate, LLC : 903-355-0505
Listing Agent:
Patrice Tague : 903-355-0505
MLS ID:
21010036
  • Flooring: CarpetConcrete
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Patrice Tague, Cross Power Real Estate, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Albert C Williams Elementary School

615 Culver St, Commerce, TX, 75428

Grades 3-5

1.59 miles away

C

Commerce Middle School

606 Culver St, Commerce, TX, 75428

Grades 6-9

1.45 miles away

C

Commerce High School

3800 Sregit Dr, Commerce, TX, 75428

Grades 9-12

1.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.