FM 1777 Storage
FM 1777 Storage
Royse City, Texas
Maximum Offering: $9,856,000
1031 Exchange Compatible
Surrounded By 4,000 New Homes With An Additional 6,000 New Homes Being Built Or In The Planning Stages
Strategically positioned in the Dallas Metroplex, FM 1777 Storage is an excellent development opportunity boasting unmatched accessibility in a rapidly growing market. This 132,400 SQFT Self-Storage facility is being developed in northern Royse City, TX, giving it convenient access to surrounding towns and Dallas via Interstate 30 less than 10 minutes away. The area has seen unprecedented growth in recent years, making this an ideal moment to develop a self-storage facility to support the swell of new residents or a last-mile distribution location to serve commerce in Dallas.
Nestled between Royse City and Josephine, the land is primed to capitalize on the explosion of growth these towns are currently seeing. The centralized location has made the area a pivotal commercial hub with the ability to serve major cities like Dallas, Shreveport, Houston, Little Rock, and Oklahoma City within four hours. This unmatched accessibility has drawn thousands of new residents to the area. Josephine, Texas, to the north of the land, is expecting a 42% increase in population, and Royse City to the south projects a 31.9% uptick by 2024. Between the unrivaled accessibility and a growing community hungry for more local services, the FM 1777 tract of land is the perfect opportunity to tap into this up-and-coming area.
Construction on FM 1777 Self Storage will commence later this year with an expected 6-7 month build time. There will be 789 rentable units, 80% of which will be climate-controlled. FM 1777 will be fully optimized to cater to the modern world with High Tech Access Control including online rentals.
**This Self-Storage Facility is only available as a passive investment. We design every offering to be fully 1031 Exchange compatible**