183 S Austin Rd - Austin Road Self Storage
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183 S Austin Rd - Austin Road Self Storage
1,440 SF Specialty Building Offered at $11,400,000 at a 3.05% Cap Rate in Manteca, CA 95336
Investment Highlights
- Adjacent to New Lennar Housing Development (797 Homes)
- Below Market Rents
- 100 5-Star Reviews on Google
- 85% Occupancy in Less than 24 Months of Opening
- Advanced Security System With Motion Detectors
- 75 Miles from Sacramento, San Francisco, & San Jose
Executive Summary
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me".
The Elite Storage Group of Calvary Realty is proud to present Austin Road Self Storage, a premium Class-A storage facility located at
183 S Austin Road in Manteca, California. 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. Built in
2022, 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. The facility also boasts an on-site management office and apartment, making it convenient for operations and
customer service. With below-market rents and occupancy reaching 85% in less than two years, there is significant upside potential
for investors to capitalize on continued growth. The average household income in the area is $118K, and the property benefits from
high traffic visibility, with a count of 16,871 vehicles passing daily on nearby Austin Road.
This trophy property represents a strong investment opportunity in a rapidly expanding area. The facility's prime location, excellent
build quality, and proximity to major urban centers like Sacramento, San Francisco, and San Jose make it a rare asset in the self-
storage market. 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.
The Elite Storage Group of Calvary Realty is proud to present Austin Road Self Storage, a premium Class-A storage facility located at
183 S Austin Road in Manteca, California. 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. Built in
2022, 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. The facility also boasts an on-site management office and apartment, making it convenient for operations and
customer service. With below-market rents and occupancy reaching 85% in less than two years, there is significant upside potential
for investors to capitalize on continued growth. The average household income in the area is $118K, and the property benefits from
high traffic visibility, with a count of 16,871 vehicles passing daily on nearby Austin Road.
This trophy property represents a strong investment opportunity in a rapidly expanding area. The facility's prime location, excellent
build quality, and proximity to major urban centers like Sacramento, San Francisco, and San Jose make it a rare asset in the self-
storage market. 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.
Property Facts
Price | $11,400,000 | Building Class | B |
Price Per SF | $7,917 | Lot Size | 2.76 AC |
Sale Type | Investment | Building Size | 1,440 SF |
Cap Rate | 3.05% | No. Stories | 2 |
Property Type | Specialty | Year Built | 2022 |
Property Subtype | Self-Storage |
Price | $11,400,000 |
Price Per SF | $7,917 |
Sale Type | Investment |
Cap Rate | 3.05% |
Property Type | Specialty |
Property Subtype | Self-Storage |
Building Class | B |
Lot Size | 2.76 AC |
Building Size | 1,440 SF |
No. Stories | 2 |
Year Built | 2022 |
Amenities
- Signage
PROPERTY TAXES
Parcel Number | 228-020-46 | Improvements Assessment | $2,206,000 |
Land Assessment | $289,231 | Total Assessment | $2,495,231 |
PROPERTY TAXES
Parcel Number
228-020-46
Land Assessment
$289,231
Improvements Assessment
$2,206,000
Total Assessment
$2,495,231
zoning
Zoning Code | CN (Neighborhood Commercial) |
CN (Neighborhood Commercial) |
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