Located along a key traffic corridor in Paducah, this 23-unit self storage facility at 1409 9th St will be offered at auction on Wednesday, April 23 at 10:00 AM at the Delta Hotels by Marriott in Wichita Falls. Situated in Cottle County, TX, the facility was built in 2004 and features:
6 – 5’ x 10’ Units
4 – 10’ x 10’ Units
8 – 10’ x 15’ Units
4 – 10’ x 20’ Units
1 – 10’ x 30’ Unit
With a current occupancy rate of 91%, this income-producing facility includes approximately 3,026± square feet of storage space in a single building, with gravel paving throughout. The site offers 100’ of frontage on 9th St (US 80)—a two-lane, asphalt-paved road and primary traffic artery in the area—along with 115’ of frontage on Breckenridge St, a two-lane gravel road.
Water, sewer, and electric services are available, per the Town of Paducah. The site also includes surplus land to the rear of the improvements, offering a valuable opportunity for future expansion.
This is a turnkey investment opportunity with room to grow in a highly visible and accessible location.
This property is part of a multi-property auction which includes 13 additional properties across Munday, Seymour, Iowa Park, Wichita Falls, Electra, Henrietta, Knox City, and Crowell. The auction also includes a 2010 Winnebago Tour Bus.
The auction is a partial liquidation of the Ronny Baize Estate and Baize Self Storage, LLC.
Van Baize
Real Estate Associate, Ag Inspection & Appraisal
Van Baize, a native Texan, has a long and successful history as a community banker, rancher, and civic leader. Van graduated from Texas A&M University with an Animal Science Degree and currently operates a combination registered Black Angus, commercial cow calf and stocker cattle operation just north of Bowie, Texas. In addition to the real estate and ranching business, Van still works actively with numerous financial institutions providing consulting and inspection services for their agricultural portfolios. Van has over 35 years in agricultural and commercial lending experience.
Van is very well known throughout the banking, ranching, feedlot, and association circles throughout the United States. He recently retired as Branch President from Wellington State Bank in Bowie, Texas. He is actively involved in the Texas & Southwestern Cattle Raisers Association currently serving as a Director and previously serving as Chairman and on the Executive Committee. Van has written articles about the cattle industry that have been published in Beef Magazine, Drovers Journal, and the Cattleman Magazine. He has a strong belief that information is the key to profitability and the sustainability of our industry and believes in passing this on to the next generation so that we can honor and preserve the ranching way of life.
Van is a civic leader being involved in 4-H and FFA projects, serving as the current Director of the Bowie Chamber of Commerce, being a member of the Montague County Agricultural Committee, Montague County Veterinary Medical Operations Disaster Recover Team, serving as Director of the Cross Timbers Commercial Steer Program, Past Finance Chairman for the Santa Fe District of the Boy Scouts of America, presenting programs for Agri-Life extension seminars on risk management, and the list goes on.
Van is a vital part of the Buford Resources Real Estate & Auction team and brings a plethora of knowledge and insight that will be valuable to buyers and sellers alike.
Craig Buford, Buford Resources, Inc., has been in the auction, banking and ranching business for over 30 years. He has a history of making big things happen; from the organization and sale of a 30-property six-county real estate sale for the United States Federal Court in Dallas, Texas, to building a banking franchise, to rebuilding a state association of 100 community banks, to developing hundreds of top quality replacement females and managing large stocker and seed stock cattle operations.
Buford, a native of Bonham, Texas, graduated with a Bachelor’s of Business Administration from Texas Christian University (TCU) and furthered his education graduating from the prestigious TCU Ranch Management Program. Buford later continued his education graduating from the Southwestern Graduate School of Banking at Southern Methodist University. Buford has extensive banking connections in Texas and Oklahoma and is known in banking circles nationally, through serving on the boards of the Southwestern Graduate School of Banking Foundation at Southern Methodist University in Dallas, Texas (www.swgsb.org), the Independent Bankers Association of Texas in Austin, Texas, and the Independent Community Bankers of America in Washington, DC.
Buford has conducted numerous complex real estate auctions throughout Texas, Oklahoma, and Colorado. Aside from Buford's widespread networks that will attract serious buyers from across the nation and increase the credibility of the auction, Buford's organizational and marketing skills benefit sellers from the planning of the sale to a successful closing. His passion, knowledge of the real estate auction industry, adn drive for success allows him to help clients reach their goals on sale day. Buford is an active member of the National Auctioneers Association, Oklahoma State Auctioneers Association, and Texas Auctioneers Association. Outside of the auction industry, Buford serves on a committee and is an active member of the Texas and Southwestern Cattle Raisers Association and is an active member of the Oklahoma Cattlemen's Association.
