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$11,400,000
Est. payment /mo
2.76 Acres Lot
UPDATED:
10/22/2024 04:47 AM
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24218042
HOA Y/N No
Year Built 2022
Annual Tax Amount $124,054
Lot Size 2.760 Acres
Property Description
The Elite Storage Group of Calvary Realty is proud to present Austin Road Self Storage, a premium Class-A storage facility. Positioned within the growing Stockton-Lodi Metropolitan Statistical Area, this facility is strategically located near major highways and new residential developments, including a 797-home Lennar community. The property spans 2.76 acres and offers 48,650 rentable square feet of storage space across 373 units, with a current physical occupancy of 85%. The modern construction features nine metal and steel buildings designed for optimal functionality and tenant convenience, with all units offering drive-up access.
Austin Road Self Storage includes advanced security features, such as motion detectors, providing a safe and secure environment for tenants. Property has below-market rents for significant upside potential.
Priced at $11,400,000 with a cap rate of 3.05%, Austin Road Self Storage is well-positioned for long-term success and future appreciation.
Austin Road Self Storage includes advanced security features, such as motion detectors, providing a safe and secure environment for tenants. Property has below-market rents for significant upside potential.
Priced at $11,400,000 with a cap rate of 3.05%, Austin Road Self Storage is well-positioned for long-term success and future appreciation.
Location
State CA
County San Joaquin
Rooms
Other Rooms Living Quarters
Interior
Fireplace No
Laundry None
Exterior
Fence Block, Wrought Iron
Roof Type Metal
Present Use Storage
Building
Lot Description Lot Over 40000 Sqft, Rectangular Lot
Story 2
Water Public
Additional Building Living Quarters
Others
Tax ID 228020460000
Security Features Security System,Security Gate,Key Card Entry
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Listed by Brandon Robinson • CALVARY REALTY INC • 760-534-8135