Financing: Third Party Financing, Cash at Closing
Number of Units:
- 78 Non-CC Self-Storage units
- Small air-conditioned office
- Outside Rentable Boat & RV Parking spaces on-site
Land Area: 1.000 acre (According to Bastrop CAD)
Property Description:
- Four one-story self-storage buildings with rollup doors
- Drive-up access to all buildings & units
- Storage Units range in size from 5×12 to 10×20
- 8ft Ceilings, interior lighting
- Approximately 285 ft of Highway Frontage
- Numerous fairly new subdivisions within 1-3 miles from the facility
Area Development: Tesla opened a massive Gigafactory in 2022; approximately 16 miles and 22 minutes away. The facility is projected to bring 5000 new jobs to the area. The Tesla sites; The Boring Co, SpaceX ECHO facility is expected to spur development from State Highway 130 to Bastrop. Together, the two companies make up about 281 acres of the billionaire’s roughly 3,500 acres in the Austin area. The development includes Boring’s 80,000-square-foot warehouse, a bodega and a housing complex.
Location: The property is located on Highway 21, approximately 25 miles Southeast of Austin. Cedar Creek, in Austin MSA, is an unincorporated community in Bastrop County, Texas, located 10 miles west of Bastrop at the intersection of State Highway 21 and Farm to Market Road 535.
Year Built: 2000
Occupancy: 76% +/-
Gross Building Area: 9,160 SF +/- (According to Bastrop County Appraisal District)
Legal Description: A45 LITTON, ADDISON, ACRES 1.0000
Possible Expansion Plans for the Facility:
Per the Seller, there is room for expansion of net leasable area by adding Re-Locatable & movable storage units on the NW street side of the property.
Seller has estimated there should be room to add an additional 3,200 SF of rentable storage units & has plans & an estimated budget in place, but is not moving forward with those plans currently.
| Price: | Price disclosed upon completion of confidentiality agreement |
| Address: | 1175 W SH 21 |
| City: | Cedar Creek |
| County: | Bastrop |
| State: | TX |
| Zip Code: | 78612 |
| Year Built: | 2000 |
| Floors: | 1 |
| Square Feet: | 9,160 |
| Acres: | 1.00 +/- |
| Property Type: | Self-Storage Property |
| Lot size: | 1.000 +/- Acres |
| Location: | Bastrop Area in Austin MSA |
