Grandstone is excited to present Rock Prairie Boat & RV Development, a proposed two-story Class A self-storage facility located in College Station, Texas. This new construction facility will offer 397 climate-controlled units and 139 enclosed boat and RV storage units, totaling 108,936 net rentable square feet. The property is strategically positioned just 6 miles from Texas A&M University, providing a strong anchor to the local economy. College Station’s central location—77 miles from Houston and 90 miles from Austin—ensures excellent connectivity to major Texas cities, further enhancing its appeal as a prime investment opportunity.
INVESTMENT
HIGHLIGHTS
• Texas A&M’s Economic Impact:
Texas A&M University is a cornerstone of College Station’s economy, driving growth and demand across multiple sectors. As one of the largest universities in the U.S., it contributes significantly to the local economy through research, education, and its impact on local businesses. The university’s strong presence fosters a diverse economy, with major contributions in agriculture, energy, engineering, and technology. In addition to generating a substantial student population, Texas A&M also supports a wide range of professional services, corporate offices, and research facilities, making College Station a thriving hub for innovation and commerce.
• Limited Competition:
This parcel on Rock Prairie Road is one of the few locations in the area with available commercial zoning, creating a unique opportunity in a market with minimal competition. The scarcity of approved commercial lots along this road further enhances the property’s potential as one of the few high-quality storage options in the area.
• Rising Demand for RV and Boat Storage:
College Station has seen an increase in luxury RV and boat ownership, with affluent residents seeking secure, premium storage solutions. The market for enclosed boat and RV storage is expected to grow as more residents invest in recreational vehicles, and this facility is well-positioned to capitalize on that demand.
• Strategic Location and Economic Growth:
College Station is experiencing significant economic growth, driven by both Texas A&M University and ongoing infrastructure investments. The city’s strong economic base, coupled with major developments and revitalization efforts, positions it as a high-potential market for new business ventures, including self-storage facilities. The area’s high average household income and steady population growth further underline the area’s robust market dynamics.
• Construction and Value Potential:
This Shovel Ready development will be a two-story facility with an estimated Certificate of Occupancy (C/O) value of $9.85 million. The total construction costs are projected at approximately $5 million, offering significant upside potential once the facility is completed and stabilized. This presents a strong opportunity for long-term value appreciation and profitability.
Broker of record: BRIAN BROCKMAN | Bang Realty-Texas Inc | bor@bangrealty.com | License: #701472
