Your email has been sent.
16325 Barrett Ave - Builder/Contractor's Dream in Morgan Hill, CA 0.81 Acres of Commercial Land Offered at $3,908,576 CAD in Morgan Hill, CA 95037
INVESTMENT HIGHLIGHTS
- Passive Remote South Bay Self-Storage Asset
- Advantage of No Rent Control in Self-Storage
- Desirable Unit Mix
- Strong Rental Demand
- State-Of-The-Art Property Amenities
PROPERTY FACTS
| Price | $3,908,576 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Self Storage |
| No. Lots | 1 | Total Lot Size | 0.81 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | R-2 Med. Density Res. | ||
| Price | $3,908,576 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Self Storage |
| Total Lot Size | 0.81 AC |
| No. Stories | 1 |
| Zoning | R-2 Med. Density Res. |
1 LOT AVAILABLE
Lot
| Price | $3,908,576 CAD | Lot Size | 0.81 AC |
| Price Per AC | $4,825,402.60 CAD |
| Price | $3,908,576 CAD |
| Price Per AC | $4,825,402.60 CAD |
| Lot Size | 0.81 AC |
DESCRIPTION
Storwell-Barrett is a well-situated self-storage asset located at 16325 Barrett Ave in the thriving city of Morgan Hill, CA. Constructed in 1978, the subject property is situated on an expansive 0.81-acre parcel of land. The facility encompasses approximately 10,380 total square feet and offers 100% drive-up units with roll-up doors. Storwell-Barrett provides tenants with modern conveniences, including 24-hour surveillance and a secure gated perimeter with keypad access. The city of Morgan Hill, CA offers strong demand driven by its growing residential population and thriving business community. Conveniently positioned along U.S. Highway 101, the city provides excellent connectivity to San Jose, Silicon Valley, and the greater Bay Area, making it a strategic hub for both commuters and local businesses. Additionally, its central location and accessibility ensure consistent storage needs from both residents and enterprises. Storwell-Barrett presents an ideal investment opportunity for those looking to enter the California self-storage market. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolio and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.
PROPERTY TAXES
| Parcel Number | 817-02-013 | Improvements Assessment | $1,094,059 CAD |
| Land Assessment | $1,234,323 CAD | Total Assessment | $2,328,382 CAD |
PROPERTY TAXES
Presented by
16325 Barrett Ave - Builder/Contractor's Dream in Morgan Hill, CA
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.