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Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, McKamy Storage at 4700 TX-198 in Malakoff, Texas is a 2024-built, 100% climate-controlled self-storage facility offered as an REO sale. The online auction runs November 16-18, 2026, with a starting bid of $300,000. The fee simple offering includes a single-story metal building totaling 15,300 SF, with 10,900 rentable SF, on about 0.85 acres across two parcels. The facility has 79 climate-controlled units from 10x10 to 15x20, plus 22 uncovered parking spaces. As of August 11, 2026, physical occupancy was 32%, with 24 storage units and 4 parking spaces occupied. Standard rates of $1.50 to $2.00 per SF run 58% to 63% above the local market average for climate-controlled units, based on nine competitors surveyed within 10 miles. The site is managed remotely on storEDGE, with gated 24/7 keypad access and 24-hour video surveillance. It has direct frontage on TX-198 (Caney City Hwy) in Caney City on Cedar Creek Reservoir, where the highway carries 5,114 cars per day.
Due Diligence
Location
McKamy Storage fronts TX-198 (Caney City Hwy) in Caney City on Cedar Creek Reservoir, between Malakoff to the south and Gun Barrel City to the north. The corridor carries 5,114 VPD, and 36,257 residents live within 10 miles, supported by employers including Walmart, Lowe’s, and Champion Home Builders. Two competing facilities sit within 0.55 miles, so rate positioning drives lease-up.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
