Discover an extraordinary investment opportunity on 3.89 acres in the heart of Caldwell, fully approved and ready to break ground. This shovel-ready development is designed for maximum revenue generation with 419 enclosed storage units, 3 versatile flex units, and an on-site houseperfect for a manager's residence or office. The diverse unit mix caters to personal, business, and specialty storage needs, ensuring high demand in a rapidly growing area. Projected to generate an impressive $473,000 in annual revenue at 80% occupancy, this property offers exceptional income potential in the thriving storage industry. With all approvals in place, you’ll save time and effort, accelerating your path to profitability. Strategically located in Caldwell, a city experiencing robust growth and rising demand for secure, convenient storage, this property offers investors a rare chance to own a high-performing asset. Contact us today for full details and seize this unparalleled development opportunity!
MLS# | 98931690 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 95 |
Listing Provided By | Mountain Realty | Clinton Walker |
SQ Feet | 1 |
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Acreage | 3.89 |
State | ID |
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County | Canyon |
City | Caldwell |
Zip Code | 83605 |
Area | Caldwell SW |
Listing VS Median (In 83605) | |
Price: $3,499,996 low | high Med: $429,490 SqFt: 1 low | high Med: 1,943 $ / SqFt: $3,499,996 low | high Med: $221 On site: 95 low | high Med: 33.500000 |