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Self-Storage Facility

Austin, TX Storage Development Opportunity

5411 E William Cannon Dr, Austin, TX 78744

Listing Price: $2,000,000

Cap Rate
4.40%
Number of Units
786
Occupancy
75.0%
Gross SF
73,263
Rentable SF
73,263
Price/Rentable SF
$27.30
Year Built
2024

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale this development opportunity in Austin, Texas. The land and approvals are being sold and the facility has plans for 73,263 net rentable square feet across 786 units. The site sits on 3.52 acres of land and has great street visibility.

Investment Highlights

  • Price for Land and Approvals: $2 Million
  • Planned 73,263 Net Rentable Square Feet
  • Planned 786 Units
  • Lot Size: 3.52 Acres

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Self-Storage Facility

Austin, TX Storage Development Opportunity

Listing Price: $2,000,000

Cap Rate
4.40%
Number of Units
786
Occupancy
75.0%
Gross SF
73,263
Rentable SF
73,263
Price/Rentable SF
$27.30
Year Built
2024

Investment Highlights

  • Price for Land and Approvals: $2 Million
  • Planned 73,263 Net Rentable Square Feet
  • Planned 786 Units
  • Lot Size: 3.52 Acres

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale this development opportunity in Austin, Texas. The land and approvals are being sold and the facility has plans for 73,263 net rentable square feet across 786 units. The site sits on 3.52 acres of land and has great street visibility.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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