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33802968
33802969

1700 FM1201, Gainesville, TX 76240

DC
TX TX 635835
Marcus & Millichap - Fort Worth
TD
Marcus & Millichap - Fort Worth
Listed by Marcus & Millichap - Fort Worth
$1,950,000
2 days on market
Updated 1 day ago
Opportunity zone

Gainesville Self Storage

Details
Property Type Self Storage
Sub Type Self Storage
Square Footage 44,214
Units 143
Cap Rate 7.11%
Occupancy 86%
Pro-Forma Cap Rate 7.41%
Price per SqFt $44
Year Built 2020
Year Renovated 2024
Buildings 6
Stories 1
Acreage 5.000
Occupancy Date 06/05/2026
Ownership Fee Simple

44,000 SF Storage Facility in North Texas | 86% Physically Occ. | $44/SF - Below Replacement Cost

Marketing description

Gainesville Self Storage is a 44,214 rentable-square-foot self-storage facility located in Gainesville, Texas. The property sits on approximately five acres and consists of 143 units across a well-diversified mix that includes climate-controlled units, drive-up units, enclosed parking, and uncovered parking. The facility features a motorized gate with keypad access, perimeter fencing, and 24/7 video surveillance, offering a modern and secure layout for tenants.

Fronting US-82, the property benefits from strong visibility and convenient access, with over 17,000 vehicles traveling the thoroughfare daily. Gainesville has experienced steady population growth in recent years, outpacing many comparable North Texas secondary markets, while its positioning along the Interstate-35 corridor continues to support long-term economic stability. Manufacturing remains a key employment driver, and Winstar Casino, the largest casino in the United States, is only a 15-minute drive away – providing a consistent source of employment and visitor traffic to the area.

Operationally, the facility delivers both in-place cash flow and clear upside. To be sure, the property was expanded in late 2024 and the entire facility is now 86 percent physically occupied. In fact, gross revenue between March 2026 and May 2026 increased by more than 25 percent compared to the same period in 2025. The property is currently remotely managed with limited on-site oversight, creating an attractive opportunity for a more hands-on investor to further improve occupancy, push rental rates, and maximize operational efficiency.

Investment highlights

  • Strong Visibility Along US-82 - Direct frontage supports consistent exposure and leasing activity.
  • Recent Expansion Leased Up Quickly - 2024 expansion absorbed efficiently, confirming strong local demand.
  • Revenue Trending Upward - Mar.26 - May.26 revenue apx. 25% higher than same period in 2025.
  • Mid-80% Occupancy With Upside - Physically Stabilized asset with room to push occupancy and rental rates.
  • Operational Upside From Management - Remotely-managed location allows for improved oversight and execution.
  • Diverse Unit Mix Drives Demand - Climate, drive-up, and RV storage serve multiple tenant types.
  • Growing Local Market - Population growth and proximity to I-35 support long-term demand.

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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Zoning

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I IndustrialIndustrial District
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Tim Speck
License
TX 9002994
Title
Broker of Record
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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