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22078052
22078053

2 Locations

JB
TX TX 724825
Vaulted Commercial Real Estate
Listed by Vaulted Commercial Real Estate
$2,100,000
346 days on market
Updated 78 days ago
Opportunity zone

B & J Mini Storage

Details
Property Type Self Storage
Sub Type Storage
Square Footage 44,910
Net Rentable (SqFt) 44,910
Units 313
Cap Rate 7.49%
Occupancy 100%
Pro-Forma Cap Rate 9.15%
Pro-Forma NOI $192,154
Price per SqFt $47
Class B
Year Built 1980 & 1994
Acreage 3.880
Ground Lease No

7.49% Cap | 313 Units | $46.76 Price Per RSF

Marketing description

The Vaulted Commercial Real Estate Team is pleased to present B & J Mini Storage in Vernon, Texas. Originally built in 1980 and 1994, this well-maintained facility offers 44,910 rentable square feet across 313 non-climate-controlled units. With a 100% occupancy rate, B & J Mini Storage is a fully stabilized investment opportunity.

The entire facility is secured with a chain-link gate and perimeter fencing. The roads are paved with gravel, and the buildings are constructed with durable sheet metal. Additionally, the property offers an expansion opportunity at 4303 Wilbarger St, Vernon, TX 76384.

Investment highlights

  • Stabilized Storage Facility with 44,910RSF

  • Traditional Non-Climate Facility with 313 Units

  • Priced Below Replacement Cost at $46.76 Per RSF

  • Good Household Income of $60,914

Listing Contacts

JB
TX TX 724825
Vaulted Commercial Real Estate
Listed by Vaulted Commercial Real Estate

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Zoning

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R-1 ResidentialSingle FamilySingle Family Residential
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Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Justin Beck
License
TX 724825
Brokerage Phone
512-626-2587
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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