608 Bayou st - Refugio Self Storage 14,700 SF Specialty Building Offered at $1,160,775 CAD at a 8.30% Cap Rate in Refugio, TX 78377

Marcus & Millichap is pleased to present 908 Bayou Street, a self-storage investment opportunity located in Refugio, Texas. Situated on approximately 2.55 acres, the facility consists of roughly 14,700 square feet of storage space and features a diversified unit mix designed to serve both residential and small business storage demand. The property offers significant operational upside through improved management and technology implementation. The current owner does not utilize modern self-storage management software, and the facility has limited online rental visibility, creating an opportunity for a new owner to implement digital leasing platforms, online marketing, and revenue management tools to streamline operations and increase occupancy.
Additionally, the property currently maintains below-market rental rates, presenting a clear path to revenue growth through rate adjustments aligned with market levels.
The facility also stands to benefit from the future TxDOT improvement project for US Highway 77 East, which proposes a new highway route near the subject property as part of the long-term development of Interstate 69 (I-69) through the Woodsboro and Refugio corridor. Increased traffic flow and infrastructure investment in the area could further enhance long-term visibility and demand for storage services in the surrounding market. With a flexible unit mix, operational improvements available through technology adoption, and potential benefits from regional infrastructure investment, 908 Bayou Street presents investors with a compelling value-add self-storage opportunity in South Texas.