10450 FM1902, Crowley, TX 76036 For Sale

The Storage Place is a 43,100 rentable-square foot self-storage facility located on approximately 4.5 acres in Crowley, Texas, one of the fastest-growing corridors in the Dallas-Fort Worth metroplex. Constructed in 2016, the property consists of 383 units and offers a balanced mix of climate-controlled and non-climate-controlled storage, along with vehicle parking. The facility is positioned less than one-half mile east of the Chisholm Trail Parkway and just moments from Farm-to-Market 1187 - upon which more than 11,000 vehicles travel each day - providing excellent visibility and accessibility within a rapidly expanding residential trade area. The property features institutional-quality construction, wide concrete drive aisles, personalized keypad access, 24-hour video surveillance, and attractive curb appeal throughout.

The Crowley submarket continues to benefit from significant residential growth driven by ongoing development along the Chisholm Trail Parkway. Population within a five-mile radius has grown from approximately 90,800 residents in 2020 to more than 107,500 today, representing an increase of nearly 19 percent, with a further 10 percent population increase projected over the next five years. The trade area is also supported by an average household income of approximately $115,000 within five-miles of the property. This attractive demographic composition supports long-term self-storage demand, creating opportunities for future occupancy gains and revenue growth.

Currently operating below stabilized occupancy, The Storage Place presents investors with a compelling opportunity to acquire a modern, well-maintained asset in a high-growth market with meaningful upside potential. This combination of institutional-quality improvements, a high-visibility location, and an attractive tenant profile positions the property to deliver durable long-term cash flow and attractive risk-adjusted returns.