Self Storage Facility for Sale Knox City Knox County Texas Land Commercial Investment

Description

Multi-Property Auction
Located along a major traffic artery in Knox City, this 48-unit self storage facility at 1201 E Main St will be offered at auction on Wednesday, April 23 at 10:00 AM at the Delta Hotels by Marriott in Wichita Falls. Situated in Knox County, TX, the facility was built in 2007 and features:

12 – 5’ x 10’ Units
8 – 10’ x 10’ Units
20 – 10’ x 15’ Units
8 – 10’ x 20’ Units

With a current occupancy rate of 98%, this well-performing facility includes 6,000± square feet of storage space across two buildings with gravel paving. The property offers excellent visibility with approximately 150±’ of frontage on E Main St (Hwy 222), 300’± on S Avenue K, and 150±’ on SE 2nd St. E Main St is a two-lane asphalt paved roadway and serves as one of the primary traffic routes in the area, with additional access provided by S Avenue K and SE 2nd—also paved, two-lane roads.
While the northern half of the property has been developed, the southern section remains unimproved, offering an excellent opportunity for future expansion of the self-storage operation.
Utilities are available at the site, per local sources.
This is a turnkey investment with high occupancy, great exposure, and room to grow.
This property is part of a multi-property auction which includes 13 additional properties across Henrietta, Electra, Paducah, Munday, Seymour, Iowa Park, Wichita Falls, and Crowell. The auction also includes a 2010 Winnebago Tour Bus.
The auction is a partial liquidation of the Ronny Baize Estate and Baize Self Storage, LLC.
10% Buyer’s Premium
TX 13500