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Investment Highlights

  • Proximity to Major Arterials: Immediately off Oro Dam Blvd E, one of Oroville,s primary commercial corridors.
  • Nearby Commercial Services: Close to grocery, auto services, restaurants, and neighborhood retail along Oro Dam Blvd E.
  • Dense Residential Surroundings: Surrounded by single-family neighborhoods and multifamily pockets that drive consistent storage utilization.

Executive Summary

16 Canyon Drive is a well-located, income-producing self-storage facility operating as Crown Storage, a highly rated storage operator in the Oroville market (4.8 stars, 36+ reviews). The property offers strong visibility, convenient access, and a stable customer base drawn from surrounding residential neighborhoods, local
businesses, and the Highway 70 corridor.
Property features include:
Professionally operated self-storage facility with modern security and customer-service amenities.
Mix of drive-up units designed for convenient loading and unloading. Covered and uncovered parking spaces to accommodate local recreation enthusiasts.
Secure, fully fenced site with controlled gate access, surveillance, and on-site management presence.
Clean, well-maintained buildings consistent with Crown Storage's regional brand standards.
Ample drive aisles for circulation and tenant maneuverability.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $1,053,971 $15.06
Other Income $44,389 $0.63
Vacancy Loss $72,724 $1.04
Effective Gross Income $1,025,636 $14.65
Taxes $125,018 $1.79
Operating Expenses $193,639 $2.77
Total Expenses $318,657 $4.55
Net Operating Income $706,979 $10.10

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $1,053,971
Annual Per SF $15.06
Other Income (CAD)
Annual $44,389
Annual Per SF $0.63
Vacancy Loss (CAD)
Annual $72,724
Annual Per SF $1.04
Effective Gross Income (CAD)
Annual $1,025,636
Annual Per SF $14.65
Taxes (CAD)
Annual $125,018
Annual Per SF $1.79
Operating Expenses (CAD)
Annual $193,639
Annual Per SF $2.77
Total Expenses (CAD)
Annual $318,657
Annual Per SF $4.55
Net Operating Income (CAD)
Annual $706,979
Annual Per SF $10.10

Property Facts

Price $11,365,280 CAD
Price Per SF $162.94 CAD
Sale Type Investment
Cap Rate 6.22%
Sale Condition 1031 Exchange
Property Type
Specialty
  • Specialty Self Storage
Lot Size 4.85 AC
Building Size 69,750 SF
No. Stories 1
Year Built/Renovated 2001/2003
Zoning MU-2

Amenities

  • Property Manager on Site
  • Signage
  • Solar Panels
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
068-130-137-000
Land Assessment
$840,883 CAD
Improvements Assessment
$4,207,684 CAD
Total Assessment
$5,048,567 CAD
Annual Taxes
$125,018 CAD ($1.79 CAD/SF)
Tax Year
2025
  • Listing ID: 41129221

  • Date on Market: 2026-07-01

  • Last Updated:

  • Address: 16 Canyon Dr, Oroville, CA 95966

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