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553 Derrs Chapel Rd - Avid Storage 11,550 SF Specialty Building Offered at $1,033,125 CAD in Italy, TX 76651
Investment Highlights
- Site Size: 4.686 acres providing room for expansion
- Opportunity Zone: The property is located in a Texas Opportunity Zone
- Upside: Expansion potential and lease up opportunity for increased NOI
- Occupancy: 71% as of March 2026 (growth upside)
- Management: Professionally operated by Avid Storage
Executive Summary
Avid Storage Italy offers investors an established, income-producing self-storage asset with strong growth potential. Located in Italy, Texas just off Interstate 35E between Dallas and Waco, the facility includes 105 non climate controlled units across a 4.686 acre site featuring metal construction, concrete drives, and secure fencing with gated access. Professionally managed by Avid Storage, the asset benefits from operational efficiency and stable revenue. As of March 2026, physical occupancy is approximately 71%, allowing for immediate upside through additional lease up.
Avid Storage Italy is one of two storage facilities located in the City of Italy, giving investors a unique position with limited com¬petition and steady absorption potential. Located halfway between the Dallas–Fort Worth and Waco metro areas, the town’s accessibility and local customer base contribute to the asset’s long term viability.
With nearly five acres of total land area and located in a Texas Opportunity Zone, the property offers expansion capacity for additional units, covered parking, or boat/RV storage—all providing paths to NOI enhancement. Backed by proven manage¬ment and quality infrastructure, Avid Storage Italy presents an attractive investment opportunity combining existing income with development upside.
Avid Storage Italy is one of two storage facilities located in the City of Italy, giving investors a unique position with limited com¬petition and steady absorption potential. Located halfway between the Dallas–Fort Worth and Waco metro areas, the town’s accessibility and local customer base contribute to the asset’s long term viability.
With nearly five acres of total land area and located in a Texas Opportunity Zone, the property offers expansion capacity for additional units, covered parking, or boat/RV storage—all providing paths to NOI enhancement. Backed by proven manage¬ment and quality infrastructure, Avid Storage Italy presents an attractive investment opportunity combining existing income with development upside.
Property Facts
| Price | $1,033,125 CAD | Lot Size | 4.68 AC |
| Price Per SF | $90.94 CAD | Building Size | 11,360 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2000 |
| Property Subtype | Self-Storage | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | ETJ | ||
| Price | $1,033,125 CAD |
| Price Per SF | $90.94 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 4.68 AC |
| Building Size | 11,360 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Opportunity Zone |
Yes |
| Zoning | ETJ |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 219801 | Improvements Assessment | $1,185,034 CAD |
| Land Assessment | $41,348 CAD | Total Assessment | $1,226,383 CAD |
Property Taxes
Parcel Number
219801
Land Assessment
$41,348 CAD
Improvements Assessment
$1,185,034 CAD
Total Assessment
$1,226,383 CAD
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553 Derrs Chapel Rd - Avid Storage
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