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5240 Hillsdale Blvd - Hillsdale Storage Development Site
5.13 Acres of Commercial Land Offered at $2,795,000 in Sacramento, CA 95842
Investment Highlights
- 250,000+ Vehicles Per Day
- Located Directly Off a Freeway Exit
- Average Income of $77,070 in 3-Mile Radius
- Freeway & Highway Visibility
- Located in the 26th largest MSA in the Country
Executive Summary
REACH OUT TO THE LISTING TEAM FOR MARKETING MATERIALS!
Property Facts
1 Lot Available
Lot
| Price | $2,795,000 | Lot Size | 5.13 AC |
| Price Per AC | $544,834 |
| Price | $2,795,000 |
| Price Per AC | $544,834 |
| Lot Size | 5.13 AC |
Hillsdale Storage Development Site will offer 797 units across ±90,165 rentable square feet of storage on ±5 Acres.
Description
The Northmarq Self Storage Team is pleased to present the opportunity to purchase a fully entitled self storage development site in Sacramento California, the 26th largest metro in the Country. Hillsdale Storage Development Site will offer 797 units across ±90,165 rentable square feet of storage. The project will benefit from a diverse mix of single level drive-up mini storage and first floor interior units. Well-positioned off a Highway 80 off-ramp the site sees north of 200,000 vehicles per day and is surrounded by numerous existing 100+ unit multifamily projects. As seen in most of Sacramento, there is a continued appetite for residential development in the trade area which will undoubtably assist the project in its lease-up. This opportunity allows a buyer to build an institutional quality storage facility in one of California fastest growing metropolitan areas.
PROPERTY TAXES
| Parcel Number | 228-0141-029 | Improvements Assessment | $0 |
| Land Assessment | $1,908,410 | Total Assessment | $1,908,410 |
PROPERTY TAXES
zoning
| Zoning Code | BP (Commercial mixed use) |
| BP (Commercial mixed use) |
Presented by
5240 Hillsdale Blvd - Hillsdale Storage Development Site
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