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1640 Lindbergh Dr
Beaumont, TX 77707 South 23rd Street

$395,000 USD

Self Storage For Sale  •  16,400 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 16,400 SF
  • Lot Size 0.87 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 4.96 %
30 Walk Score

Highlights

Offered at replacement cost around $25 per NRSF
Densely populated area - almost 94,000 residents in a 5-mile radius of the property (Per Radius+)
Affluent area - household incomes average over $95,000 (Per Radius+)
Rental rates are as much as 40% below market for non-climate storage (Per Radius+)
Less than 1 mile from both IH-10 and SH-90
Fully renovated 2 bed, 1 bath house can be immediately rented for significant revenue increase

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $19,579 USD (2025)
Cap Rate: 4.96 %
Total Expenses: $16,841 USD

Public Transportation

Commuter RailDriveWalkDistance
6 min - 3.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Craig Rice 281-398-4588 CSD Realty Company
Craig Rice 281-398-4588 CSD Realty Company