Litt Rd - Litt Road RV & Boat Storage - Entitled Land
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Litt Rd - Litt Road RV & Boat Storage - Entitled Land
18.5 Acres of Industrial Land Offered at $6,662,109 CAD in Modesto, CA 95357
Investment Highlights
- +/- 18.5 Acres Approved and Entitled Land For Boat and RV Storage
- Great location in the path of growth for Modesto
- Local Market has extremely high demand for self storage and RV Storage
- Proposed for 23,500sf of temperature controlled self storage and 218,920sf of covered space for Boat and RV storage
- Near proposed expansion of Claus Rd
- Feasibility study available for qualified buyers
Executive Summary
+/-18.5 Acre Approved Planned Development for Self Storage and RV & Boat Storage facility. Offering is comprised of two legal parcels approximately 9.6 and 8.9 acres each for a total of 18.5 acres.
Proposed project is planned for +/- 23,500 SF of temperature- controlled self-storage plus +/- 218,920 SF large, covered or enclosed units for RV & Boat storage to the market.The existing self-storage facilities in the area are estimated to have physical occupancies that exceed 94% overall and 99%+ occupied on large units. which signals a high demand for self-storage in the area.
There is currently an estimated +/- 100,000 SF of demand in the market. Phase 1 of the project is anticipated to meet that immediate demand. Feasibility study is available to qualified buyers.
Uses other than approved storage can be allowed if consistent with permitted types for Planned Industrial Zoning subject to approved use permit.
Located at the corner intersection of Litt and Plainview in Stanislaus County within the City of Modesto sphere of influence. An excellent location to benefit from the path of growth along the planned Claus Rd expansion, ideal demographics, and short drive times to numerous popular national parks and recreational lakes.
Proposed project is planned for +/- 23,500 SF of temperature- controlled self-storage plus +/- 218,920 SF large, covered or enclosed units for RV & Boat storage to the market.The existing self-storage facilities in the area are estimated to have physical occupancies that exceed 94% overall and 99%+ occupied on large units. which signals a high demand for self-storage in the area.
There is currently an estimated +/- 100,000 SF of demand in the market. Phase 1 of the project is anticipated to meet that immediate demand. Feasibility study is available to qualified buyers.
Uses other than approved storage can be allowed if consistent with permitted types for Planned Industrial Zoning subject to approved use permit.
Located at the corner intersection of Litt and Plainview in Stanislaus County within the City of Modesto sphere of influence. An excellent location to benefit from the path of growth along the planned Claus Rd expansion, ideal demographics, and short drive times to numerous popular national parks and recreational lakes.
Property Facts
1 Lot Available
Lot
Price | $6,662,109 CAD | Lot Size | 18.50 AC |
Price Per AC | $360,114 CAD |
Price | $6,662,109 CAD |
Price Per AC | $360,114 CAD |
Lot Size | 18.50 AC |
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 CAD | |
Land Assessment | $1,456,762 CAD | Total Assessment | $1,456,762 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,456,762 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,456,762 CAD
zoning
Zoning Code | Planned Development |
Planned Development |
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Litt Rd - Litt Road RV & Boat Storage - Entitled Land
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