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29661564
29661565

706 Farm to Market Rd 2325, Wimberley, TX 78676

DC
TX TX 635835
Marcus & Millichap - Fort Worth
TD
Marcus & Millichap - Fort Worth
Listed by Marcus & Millichap - Fort Worth
$1,800,000
114 days on market
Updated 22 days ago

Wimberley Smart Storage

Details
Property Type Self Storage
Sub Type Climate-Controlled, Drive-Up
Square Footage 15,543
Net Rentable (SqFt) 15,543
Units 133
Cap Rate 7.29%
Occupancy 86%
Pro-Forma Cap Rate 7.85%
Price per SqFt $116
Year Built 1978
Year Renovated 2022
Buildings 8
Stories 1
Acreage 1.010
Occupancy Date 12/23/2025

Self-Storage Facility Outside of Austin, TX | Within Fastest Growing County in Texas

Marketing description

Wimberley Smart Storage is a 15,543 rentable-square-foot self-storage facility located in Wimberley, Texas. The property, approximately 1.01 acres in size, contains eight single-story storage buildings that include 25 climate-controlled units and 108 drive-up units. Additionally, the facility features a motorized gate with keypad access, perimeter fencing, paved concrete driveways, garage-style roll up doors, and 24/7 video surveillance.

Wimberly Smart Storage fronts Farm to Market Road 2325, offering strong visibility and convenient access with over 9,000 vehicles driving the corridor daily. The facility is also located less than one mile from a full-service H-E-B grocery store, a high-end regional anchor tenant traditionally known for strategically selecting locations that serve as primary retail draws for surrounding communities, and for pulling shoppers from an unconventionally broad geographic radius.

The town of Wimberley, located only 25 miles from Austin, continues to attract both corporate and residential investment because Wimberly residents not only get to live a small-town Hill Country lifestyle, they get to benefit from their close proximity to a city that is currently experiencing nothing less than a full economic renaissance (Austin – approximately 19 miles away. To be sure, the area is projected to experience approximately 30 percent population growth by 2029, supporting long-term demand for self-storage (via LoopNet).

Delta Millworks, a national wood products manufacturer, has announced a multi-million-dollar expansion in Wimberley, bringing new jobs and strengthening the local economic base. In addition, the Wimberley Springs Development—currently under construction less than three miles from the property—will deliver approximately 100 custom 3D-printed luxury homes, further enhancing the area’s residential profile.

The current ownership group remotely manages the facility with a local boots-on-the-ground individual handling day-to-day operations. Offered for $1,800,000, Wimberley Smart Storage presents investors with the opportunity to acquire a stabilized, hands-off, cash-flowing asset with additional upside available through improved occupancy and rental rate optimization.

Investment highlights

  • Strong Visibility and Convenient Access From Main Residential Clusters

  • 30% Population Increase by 2029

  • Within Fastest Growing County on Texas, Hays County (Wimberley View)

  • Delta Millworks Multi-Million Dollar Manufacturing Expansion

Listing Contacts

DC
TX TX 635835
Marcus & Millichap - Fort Worth
TD
Marcus & Millichap - Fort Worth
Listed by Marcus & Millichap - Fort Worth

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Additional Information

Name
Danny Cunningham
License
TX 635835
Name
Thomas Dickinson
License
826447
Brokerage
Marcus & Millichap
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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