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2515 E Bayshore Dr - 121 Units | Coastal Demand | Operator Upside 11,560 SF Specialty Building Offered For Sale in San Leon, TX 77539
Investment Highlights
- ~45% NOI Upside through expense reduction
- Revenue Upside via Covered Parking Conversion
- Strong Coastal Demand (Boat/RV Storage)
- No Rent Increases in 2+ Years
- Simple, Low-Maintenance Asset
- Easy to Operate (Remote Systems in Place)
Executive Summary
Bayshore Storage is a 121-unit self-storage facility located in the coastal community of San Leon, TX, serving both local residents and strong seasonal demand tied to Galveston Bay. The property sits on approximately 1.38 acres and is currently ~82% occupied, with a history of operating above 90% occupancy.
While the site is fully utilized, upside exists through improved use of existing parking areas, including conversion of open parking to covered spaces that can command higher rental rates. Rents have also remained unchanged over the past two years, offering additional upside through modest rate adjustments
While the site is fully utilized, upside exists through improved use of existing parking areas, including conversion of open parking to covered spaces that can command higher rental rates. Rents have also remained unchanged over the past two years, offering additional upside through modest rate adjustments
Property Facts
| Sale Type | Investment | Lot Size | 1.39 AC |
| Property Type | Specialty | Building Size | 11,560 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built | 1997 |
| Zoning | Industrial | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.39 AC |
| Building Size | 11,560 SF |
| No. Stories | 1 |
| Year Built | 1997 |
| Zoning | Industrial |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5610-0001-0006-000 | Improvements Assessment | $659,907 CAD |
| Land Assessment | $288,013 CAD | Total Assessment | $947,920 CAD |
Property Taxes
Parcel Number
5610-0001-0006-000
Land Assessment
$288,013 CAD
Improvements Assessment
$659,907 CAD
Total Assessment
$947,920 CAD
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2515 E Bayshore Dr - 121 Units | Coastal Demand | Operator Upside
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